If Mitt Romney wins, he will get rid of the tax on capital gains, as he said at the last debate. This will mean that either the deficit will go up, or he will have to make severe cuts in spending, which, given the fragile state of the economy, will likely lead to a new great depression. Do you really think your business can survive a great depression?
The only people who will benefit from Mitt Romney are people who get a significant portion of their income from their investments -- in other words, mega-wealthy people. In the short term, their taxes will go down. In the long term, however, they will also suffer, since no society can tolerate such levels of economic inequality without destroying itself.
Take a look at this recent, very disturbing, article (emphases mine):
http://www.nytimes.com/2012/10/14/opinion/sunday/the-self-destruction-of-the-1-percent.html?pagewanted=all
The story of Venice’s rise and fall is told by the scholars Daron Acemoglu and James A. Robinson, in their book “Why Nations Fail: The Origins of Power, Prosperity, and Poverty,” as an illustration of their thesis that what separates successful states from failed ones is whether their governing institutions are inclusive or extractive. Extractive states are controlled by ruling elites whose objective is to extract as much wealth as they can from the rest of society. Inclusive states give everyone access to economic opportunity; often, greater inclusiveness creates more prosperity, which creates an incentive for ever greater inclusiveness.
The history of the United States can be read as one such virtuous circle. But as the story of Venice shows, virtuous circles can be broken. Elites that have prospered from inclusive systems can be tempted to pull up the ladder they climbed to the top. Eventually, their societies become extractive and their economies languish.
That was the future predicted by Karl Marx, who wrote that capitalism contained the seeds of its own destruction. And it is the danger America faces today, as the 1 percent pulls away from everyone else and pursues an economic, political and social agenda that will increase that gap even further — ultimately destroying the open system that made America rich and allowed its 1 percent to thrive in the first place.
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