First of all, I don't believe a word you say, I doubt you even have a wife, much less a business. My thinking, you are about 14-years-old, judging by the maturity level of your posts. The mindless socialist garbage you peddle here, is a clear indicator you don't own a business or even comprehend how business works. You have never employed anyone, or you would realize it is very expensive for the employer, and with the uncertainty of your future health care obligations, the cost is unpredictable. Small businesses AREN'T hiring, they haven't been for some time. Raising their tax rates is not going to encourage them to hire people!
Really simple concept: You PUNISH what you want to discourage... You REWARD what you want to encourage! You wish to punish success, therefore, you will discourage success. I want to reward success, therefore, we would have MORE!...More success = higher tax revenues!
Use some common sense, Dix. Do employees make money for a company? If the answer is "yes" then companies will hire employees. Try and understand it has nothing, well, very little, to do with taxes. Companies only pay taxes on any amount over and above what the employee(s) cost.
I'll make this as elementary as possible. If an employee brings in $125,000 worth of profit and the employee's wages and benefits equal $100,000 then the company pays taxes on the remaining $25,000. If the tax rate is 20% then the company pays $5,000 and keeps $20,000. If the tax rate jumps to 30% then the company pays $7500 and keeps $17,500. Of course, if the tax rate was 95% then the company would only keep $1250 which wouldn't cover the expenses of the paperwork involved, however, the taxes are nowhere near 95%.
The reason small businesses are not hiring is because the owners know an additional employee will not be able to bring in a profit because people, in general, are not buying. If requests are not coming in for lawn sprinkler systems then there's little point in hiring installers of such systems regardless of what the tax rate is. Or a company selling widgets. If people are not buying widgets companies will not hire widget makers.
I'm sure you've been talking to Joe the Plumber, that bumbler who said he wouldn't buy a business if he had to pay an additional $800 on profits of $25,000. Remember Joe? I wonder what he's doing now besides trying to sue people who decided to run a background check and found he was a bumbling, income-tax evading nincompoop.
From Wikipedia: (Excerpt) On February 13, 2010 Wurzelbacher attended a political event for Pennsylvania gubernatorial candidate Sam Rohrer. Speaking to a reporter afterwards, Wurzelbacher said that "McCain was trying to use [him]", and accused McCain of having "really screwed [Wurzelbacher's] life up".
In Wisconsin, on February 2011, he spoke at at counter-demonstration, during protests against governor Walker's attempts to abolish collective bargaining rights of some public employees. (End)
From a wanna-be plumber (One Toledo Blade article stated, "Mr. Wurzelbacher said he works under Al Newell’s license, but according to Ohio building regulations, he must maintain his own license to do plumbing work. He is also not registered to operate as a plumber in Ohio, which means he’s not a plumber.")
to a TV pitch man (In November 2008, Wurzelbacher was hired for a series of commercials reminding people to convert analog television to digital. Wurzelbacher was hired to help consumers understand the DTV transition in the United States through a series of videos designed to explain the changeover.)
to political reporter (In January 2009, Wurzelbacher began work as a motivational speaker and commentator. His first assignment was to comment from Israel on the fighting between the Israeli Defence Forces and Hamas, focusing on the Israeli experience of the conflict.)
Wurzelbacher's depth of knowledge on any one subject is similar to yours regarding small business.
Simply stated, you don't know what the hell you're talking about, Dix.
