The only thing that I fear is that Obama would win and we then would have to lay off all our people because the tax increase that he is going to put on small businesses like us, will end up with all the taxes included, about 65%; the highest in the world. I don't know that we could survive that. This is exactly what brought our country into a deeper depression when FDR raised taxes on businesses. Businesses would just literally shut their doors. So then I shake it off and realize that I need to focus my time over the next few weeks to help get the word out in order to protect our brokerages and our businesses and the jobs of those who work for us.
I am afraid we fall in his catagory of, take our money because it is the patriotic thing to do! But what Obama does not realize is that when a poor person goes out and buys a one dollar juice can, 22 cents of that 1.00 is going to the company to pay taxes. This higher taxing trickles down to the poor people and it will only hurt them more.
The only way to bring back the economy is to get rid of capital gains tax and relieve businesses of all those taxes. If they would do that, then you will see trillions of dollars coming back to the US from overseas where Americans have their money now. The amount that would come back into our country is trillions more than the 700 billion dollar bail out that just happened. You would not need a bail out if you infused the markets and created jobs with all the money that is not here because of the heavy taxation here.
American business taxes are now the second highest in the world. But the democrats don't understand that it is because of higher taxes this happens and too much regulation and governmental involvement in our lives and businesses.
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