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Politics : American Presidential Politics and foreign affairs

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To: microhoogle! who wrote (60816)1/3/2013 9:30:43 AM
From: Peter Dierks   of 71588
 
What you fail to understand is that when businesses leave they are the market. The next batch of wanna be rich have to take risks and also develop new markets.

If you were a landlord for instance would you rather ask for 10% of your prospective tenants revenue or 31% plus a 4.5% surcharge for being successful? Perhaps you'd be French and demand 75% of their revenue.

There is a mall a couple of miles up the road and another a couple of miles down the road. Your previously prospective tenants signed leases there rather than deal with your ridiculous rent demands.

In today's increasingly international market it does not matter if you are in New York city, Kodiak Alaska or Peking China. you can have your products produced by a low cost bidder anywhere in the world and find fulfillment companies anywhere.

In the modern history of the US regardless of tax rates tax collections have always hovered around 20% of GDP or less. If Obama gets 95% tax rates on the rich he will be collecting 20% of a much smaller pie. That is a one way trip to government failure.
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