[defenderSD]

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.

[FastCoyote]

"they always think business is making megabucks off every project and higher taxes will not reduce business investment, and that is totally false."

Having been around lots of startups, what liberals usually miss is that businesses do throw money around, hopefully in a focused attempt to drive some key factor to completion (sales, production startup, etc.). The reality is overall that margins are rarely gargantuan, and a lot of things fail even when well planned. That tax rate can be the kiss of death to the company margin, even though the markup on the product looks huge at 100%