Quote:
Originally Posted by Minte
Small businesses that have money to invest won't spend a dime until a decision is made on tax increases. The indecisiveness of this administration is keeping things flat.
My mainstream business is up 26% this year. We already added 30 more jobs but could've easily added 50. We run 24/7 and our back log and receivables are at record highs.
If the Bush taxes are extended you will see hiring go up. If we have to give our extra money to the government we won't be hiring any time soon.
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I think the opposite would be true too. I don't think you are gonna be canceling your vacation because you have to pay more in taxes. You may not be able to get your golden toilet but you would still have enough for that Italian tile.
This is how I understand the Bush Tax Cuts.