When that happens they will look for other ways to tax the people who are still working with value added taxes, real estate and auto transaction taxes and surcharges on utilities, phones and computers. When that happens the government will devour our society.
I think everyone should give serious thought to what they will do when the dollar is worth $.25 cents and a loaf of bread costs $20.00
RE: The Obama plan cannot succeed (for the people) no matter how you slice it. If they raise taxes on small businesses it will mean budget cuts and layoffs leading to less tax revenues.
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The Obama zombies on the left (including Obama and Biden himself ) continue to insist that the tax increases on the “rich” only affects 3% of businesses.
What they don’t realize is that these 3% are the most successful and are the ones employing the most number of people.
What Romney ought to do in the next 2 debates is to at least cite AN EXAMPLE ( talk to one of these 3% small businesses Obama does not care about) of how Obama’s tax increase on the “rich” will affect employment.