And bet your bottom dollar but tax increases will deliver more layoffs and store closures. The CEO of Best Buy doesn’t make 30 dollars a year, he probably makes at least a million or so and uses that money to help the many many stores that are located internationally. Where I live, in South Florida, there is a Best Buy in three locations in Palm Beach county alone. They are all allowed to exist because of how much the CEO can keep.
Now he doesn’t need to keep these stores, and if he was taxed a little bit more than the Palm Beach Gardens store, where I work, would look inconvenient(there is a West Palm Beach location 10-12 minutes from here) and would have to lose funding because of how much the CEO has to pay. Funny thing is that there are plenty of Obamaphiles who work with me at the store and yet they don’t realize that they can be put in jeopardy with Obama’s calls for tax increases. Maybe once their store is gone and they are out looking for jobs with low hours than they’ll realize what they have done.
Maybe. More likely they'll blame Bush, or those wascally wepublicans who pushed the economy and grandma over the cliff.