Occupy Wallstreet

[Professor S]

Originally Posted by Typhoid

And on the other hand, the business owners getting all "well maybe I'll just close my business down and then fire 150 people. Let's see what that does." Very fucking mature, rich Dempublicrats. "If you raise my taxes, I'll quit!".

That is the new American way. Fuck all that "American ingenuity and stick-to-it-ivness". Now it's good 'ol fashioned "American taking your ball and going home."

At least you're always fair when talking about America

Businesses look at every expenditure as a cost. Taxes are simply another line item that needs to be accounted for. If you raise taxes on a business they are left with only a few ways to make up the loss:

1) Increase the cost of their product or service
2) Reduce profits to owners/investors
3) Reduce compensation to employees or reduce unneeded employment

The third option will always be preferred because 1 and 2 can be disastrous for a company (just ask NetFlix and Bank of America). Remove emotion from the equation. Businesses employ for one reason: They need the employee to maximize their profit potential. Any other reason is nonsensical and irrelevant because it is not based in reality.

So we're left with a simple choice: Govern out of anger, fear, and populist policies that do more damage to our economy... or work with reality and help job creators instead of attacking them publicly and through policy.

And for the record, Canada has a lower corporate tax rate than the US, and I believe they are looking to lower it further, but you'd know better than I.