Tuesday, May 19, 2009

A Taxing Question

Does anyone really believe that the rich will just "absorb" all these extra taxes and regulatory costs just because they love paying money to the government? With each governemental increase, comes an increase in consumer prices. It's a vicious cycle-Washington spends, Washington taxes, prices go up, the consumer pays... hummmm-who'd have thunk it that the people that know how to make money also know how to keep it?

1 comment:

  1. That is the key argument in controlling government spending. What most politicians can't seem to understand is that if you tax businesses, the public is the one to suffer. The only people businesses are accountable to are their stockholders. They aren't just going to take a loss because of taxes. They will offset the taxes at all costs.