Quote:
Originally Posted by spence
Clinton raised taxes and when you look at it per capita the revenues went up dramatically.-spence
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Until enough of the corporations got tired of it, and many moved offshore. If we make it too expensive to conduct business here in the US, big money will almost always find a cheaper place to conduct it. The big money that doesn't becomes not so big money.
Not saying reduce all taxes, mainly don't raise the taxes on business, especially small and medium sized ones. Leaving them alone, or reducing their taxes will allow them to prosper and thus hire more employees, pay more to their employees, and when the company is doing great because of individuals, give them a "bonus".
Trying to say a business owner making over 250k a year, should pay close to 40% of his profits to the government is ridiculous. Let him keep most of that and maybe he can expand and grow his business. It all equals more money for everyone, including the government as each new employee, new store, or bait shop, will all pay taxes.
just my thoughts.