The Obama Tax Trap - WSJ.com
Back to politics I guess, here is an article (commentary, sure, but based in fact) that will boil the blood. What ticked me off the mot is the notion that the republicans will buy into raising taxes on the 'rich'. When did poor people ever hire anyone?
This country lives and breathes on middle sized businesses, those are the ones that employ many of us. If the taxes on these businesses are raised, employees will be cut, or, prices will go up to keep the business profitable. Think about it for a minute, who really pays taxes? The end user, always and forever. maybe with that in mind a VAT is a good idea, then people would finally realize who pays taxes. Of course the VAT would be added, not as a substitute, so we would all (poor even more so) pay higher taxes.
This is simple stuff people, over thinking it is what is causing the prblems.