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To: goldstategop
Small business owners will be destroyed by Obamacare and by increased taxes on their income.

Don't buy the bullshit.

Throughout his campaign Obama claimed that small business people are only 3% of those making enough to be hit by his tax proposals. Romney never challenged him. But the truth is: it's a lie. That figure was ginned up by a left-wing think tank in Washington. How so? They counted everyone who had income reported on a 1099 form as being a "small business". Did you ever sell an item or two on EBay or Craig's List? Well, congratulations: Barack Obama thinks you're a "small business" now.

As for the Big Boys - they have availed themselves of outsourcing and offshoring opportunities only where they made economic sense in the context of an economy where fixed costs (labor, taxes, regulatory compliance) exceeded requirements for continued growth and profitability for the foreseeable future, and where new markets readily presented themselves.

Obamacare destroys that predictability - no one can safely predict profit margins or price points in a system where hoards of unelected bureaucrats make dozens of new regulations every day - as they are doing right now - in the service of laws that no one fully understands.

As a result (and coupled with the certainty of higher taxes): Fortune 500 companies will not simply outsource labor and offshore business units any more- they will move away to friendlier business locations. Such moves are already in the discussion phase with corporate consultants.

19 posted on 11/14/2012 1:06:08 PM PST by andy58-in-nh (Cogito, ergo armatum sum.)
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To: andy58-in-nh
I could care less about the ultra rich and the Pubs should not stand up for them....they are traitors and voted for bamey for the most part....

the small business owners OTOH are the real target.....

eliminate the middle class.....that is what is being done....

PUBS....why don't you grow a brain and realize that defending the ultra rich is a stupid and silly and losing argument....no one cares about the rich....

maybe you can be outspoken proponents of protecting the middle class from endless taxes.....now there's a thought...

22 posted on 11/14/2012 1:10:53 PM PST by cherry
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