General Discussion
In reply to the discussion: The “Fiscal Cliff” Scam to Maintain Low Tax Rates on the Rich [View all]humbled_opinion
(4,423 posts)but the situation that is left over becomes one of how the rich recoup their loses. The bottom line is that the rich are not altruistic if they were a simple please donate in times of crisis in order to lower the governments burden would suffice. The ultra rich ultimately find a way to break it off on the middle class.They are afterall rich not stupid.
Now the next tier which I would argue are the not so rich businesses making 250K - 1M per year that is not really rich after you pull out the payroll and overhead and reinvestment those businesses do not end up being rich, if we do not protect those businesses than the owners usually must revert to passing costs on to consumers or reducing their workforces. If the increase cost of business is due to taxation and regulation that is spread to every business owner than the rules of competative marketplace pricing no longer apply and so in the end the consumers of those goods and services will be the ones that pay more.