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Politics : View from the Center and Left

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To: Lane3 who wrote (90286)	10/16/2008 10:59:56 AM
From: thames_sider	Read Replies (1) of 541791

Crippling his business is making it harder for him to and his peers to support employees who can then pay him and his peers for goods and services. I don't see how paying more taxes cripples his business or makes it harder for him to take on more employees. Taxes on a business are paid out of profits, not turnover. Employee costs are earlier. If Joe really wants, he can take on enough employees and pay them enough that he doesn't pay any taxes at all (a rather odd stance for a businessman, since it implies no profits, but you never know). The only taxes AFAIK that would work otherwise are payroll or employee-related taxes which I assume include healthcare. Certainly if these get too high businesses become very unwilling to take on new staff, France being a classic example in Europe: but Obama has already said in context that he plans not to increase these taxes so I don't see where the issue is? Other than that, you're arguing about tax levels and where the tax burden ought to reside, which are charged value judgements... even I won't try too many answers on that just now.

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