Comments on: Will Obama Raise Taxes or Lower Them? http://www.edgeblog.net/2008/will-obama-raise-taxes-or-lower-them/ Notes from the edge Mon, 06 Sep 2010 03:17:23 -0400 http://wordpress.org/?v=abc hourly 1 By: business lady http://www.edgeblog.net/2008/will-obama-raise-taxes-or-lower-them/comment-page-1/#comment-90984 business lady Tue, 06 Jan 2009 22:36:21 +0000 http://www.edgeblog.net/?p=124#comment-90984 If our business has to pay more taxes and the FICA taxes increase their treshhold, the first thing that will happen is we will be forced to lay people off. A small business just can't print money in the sky to pay for all this. The employees will ultimately pay, the owners will have less money to spend on growing the business, the business will shrink and the economy will just decline. If our business has to pay more taxes and the FICA taxes increase their treshhold, the first thing that will happen is we will be forced to lay people off. A small business just can’t print money in the sky to pay for all this.
The employees will ultimately pay, the owners will have less money to spend on growing the business, the business will shrink and the economy will just decline.

]]> By: How Much is Enough? | edgeblog http://www.edgeblog.net/2008/will-obama-raise-taxes-or-lower-them/comment-page-1/#comment-86300 How Much is Enough? | edgeblog Tue, 28 Oct 2008 05:45:05 +0000 http://www.edgeblog.net/?p=124#comment-86300 [...] difficult to calculate is impact of taxes on the prices paid for goods and services. As I’ve stated in previous articles, companies don’t pay taxes, they collect them. Taxes are paid by shareholders, employees and [...] [...] difficult to calculate is impact of taxes on the prices paid for goods and services. As I’ve stated in previous articles, companies don’t pay taxes, they collect them. Taxes are paid by shareholders, employees and [...]

]]> By: bill http://www.edgeblog.net/2008/will-obama-raise-taxes-or-lower-them/comment-page-1/#comment-86279 bill Mon, 27 Oct 2008 19:26:55 +0000 http://www.edgeblog.net/?p=124#comment-86279 The owner of the Miami dolphins is trying to sell before Obama gets elected. http://www.sun-sentinel.com/sports/football/pro/dolphins/sfl-flspdolwayne27sboct27,0,1382404.story In his words, "He wants to double the capital gains tax, or almost double it," Huizenga said. "I'd rather give it to charity than to him." Raising taxes kills incentives and activity. The owner of the Miami dolphins is trying to sell before Obama gets elected. http://www.sun-sentinel.com/sports/football/pro/dolphins/sfl-flspdolwayne27sboct27,0,1382404.story

In his words, “He wants to double the capital gains tax, or almost double it,” Huizenga said. “I’d rather give it to charity than to him.”

Raising taxes kills incentives and activity.

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