What will make the rich businessmen in reaction to increased taxes?
Obama wants to tax the rich (including business owners) but what will they do as a result of these higher taxes? you think you just accept a loss in earnings as well?
Spend less – buy fewer cars, reducing production cars, buy fewer homes, the downturn in the building, eating out less, taking away business from restaurants, invest less in new business, taking money away from regular companies, money that could be used to hire new people for new jobs. invest least in the stock market by reducing the value of the shares of securities, reducing the value of the 401k and pension plans for all those ordinary people, saving money for retirement, while the vote for a candidate because he wants to tax the evil rich.
REACTION TO – Risky Business Gone Wrong
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