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To: defenderSD

I have yet to meet a liberal that understands business. If one ever saw a P&L, he'd break out in hives.


3 posted on 11/18/2006 5:06:37 PM PST by Cobra64 (Why is the War on Terror being managed by the DEFENSE Department?)
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To: Cobra64
Yeah, a lot of Democrats don't understand the impact of taxation on business decisions. I did financial analysis of capital investments for several years, and the investment decision is driven by the cash flows generated by the investment. Cash flow in turn is directly affected by the corporate tax rate and tax exemptions. These numbers are entered right into the computer models that analyze investments and a higher tax rate can drop a project below the company's goal for return on investment and cause it to be cancelled. Liberals don't understand this; they always think business is making megabucks off every project and higher taxes will not reduce busines investment, and that is totally false.
5 posted on 11/18/2006 5:15:35 PM PST by defenderSD (The concept of national martyrdom, combined with nuclear weapons, is extremely dangerous.)
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