Here’s a newsflash for you: demand for output is a good thing, and far better than the opposite.
That is always there, just at what price?
The 'market' which we all must bow to, now recognizes the lesser value of the dollar due to our taste for foreign made goods. i.e. we've flooded the world with them.
Those of us who purchase our needs and wants in 'dollars' now have to come up with more of them because: A) they are prettier. B) They are now less scarce.
You choose.
And taxes?
The last year I had my business, I received at least three or four calls a month from companies trying to place workers.
These workers had all lost their jobs due to imports and there were various .gov (meaning you and I paid for them) retraining programs.
These weren't bad guys, like ex-cons they were trying to place, just Joe Sixpacks who the powers that be decided the new world economy didn't need. In conversations with the placement folks, they admitted less than 20% would find a job paying anything near there old rates.
So talk to me about taxes?