Taxing small businesses ($200K and up) in the Presidents latest proposal will not create jobs but continue to destroy jobs at small businesses. What the president would do if he is successful in taxing small business more is to inject the government into redistribution of that money with class warfare. Causing those small businesses to let more people go or to close their doors. These are successful businesses and to take more money from a successful business in this economy is quite ridiculous, to say the least!
Americans are already aware of what happened to bankrupt Solyndra when over $500 Million was just thrown away on Green Technology costing 10.88 million per job! Now, the President is geared to add to that failure with other programs by taking even more money away from small business via higher taxes!
The President’s plan is to put out of work teachers back to work and construction workers back to work on roads and bridges along with fixing schools. Anyone with a business background realizes that construction work is temporary! Also, once the money runs out due to businesses closing from even more taxation where will the money come from then for unionized teachers? Will the government stop the already over taxation of small businesses (200K and up)? No, the government will not; further killing the job market. Then the government will turn for those individuals making less than 200K for the money to spend on what they feel the market needs in jobs.
The bottom line is that the government cannot create jobs and the government does not have the experience of job creators. The only thing government will most certainly do is destroy jobs due to its inexperience as a business owner. The secret of job creators are their insight into what consumers want and the government should stop telling what the consumers need to buy. The government can’t force consumers to spend their money…well… there is ObamaCare and that gem is unconstitutional and will fail at the Supreme Court because the Constitutional based judges outnumber the Liberal and Marxist plants!
The government should slash taxes and job killing regulations on all businesses and individuals in our nation and the economy will turn around with jobs! Otherwise, there will be more of the same in job loss until the country reaches a severe depression along with increasing crime and chaos! However, this may be the plan in the first place…kill capitalism and insert a third world type Marxist nation filled with reduced personal freedoms and abject poverty!
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