Replies

Dear Eric, Paul and Kevin,

Get rid of the IRS.

Fair Tax or Flat tax, at this point anything is better.

Forget the “What can we do to get the economy moving..” sh*t. Get rid of the IRS and watch the economy bounce back just on the mention of it.

I don't know if they realize what impact “uncertainty” really has. It's not just about the tax rates. I've dealt with many of a foreign businessman in the past and what I've seen from them I am seeing here. Successful small businesses in Latin America would not reinvest in their own companies. They would ship the profits elsewhere rather than have it taken by the government in the form of higher taxes or new mandates imposed. Additionally, you did not want to appear to be doing to well or you could open yourself up to attack by the government and face seizure. Obama/Pelosi/Reid have declared war on business and investors and yet are surprised companies are slashing employees and overhead and not reinvesting? Look what happened to the GM creditors. Look what happened to the auto dealers. Look what is happening to small banks. When your investment is dependent not on your intelligence and skill in the marketplace but the whim of politicians we are economically de-evolving. The cutthroat competitive American market place is why we have continually produced the strongest and most innovative companies. We are instead rapidly becoming a third world economy when we don't reward the best in business but instead destroy them while rewarding the political cronies. The new congress can't just curtail Obama but will need to drastically reform. I'm hearing “we should extend the Bush tax cuts another two years.” That is nowhere near what is needed. If that is the best the Republicans can come up with when they take over Congress we are in trouble.