Quote:
Originally Posted by aceventura3
I am a small business owner. When Bush got congress to agree to tax cuts, I received a check for $600. I used the money to help buy a new copy machine in my office. With my old machine I had an employee spending about 15 to 20 hours per week using the copier. With the new machine the time is about 7 hours. I paid the employee $10/hr. With the extra time we trained him to handle some higher value customer service duties. After he proved he could handle the new responsibilities I gave him a $2/hr. raise.
Because of the Bush tax cut that employee is making about $4,000 more per year. I have a more productive employee and I am providing better service to my customers. With better service his job and income is more secure as is mine. Thanks to Bush's tax cut.
If you multiply my experience buy all of the other small business owners who invested tax cuts back into their business, you can clearly see how those cuts were good for the economy, good for working people and good for increasing federal tax revenues.
If you raise taxes my business may not grow, with no growth I cut costs, payroll is my biggest controllable cost, I would have to let people go or cut their hours. I loose, my employees loose, the government looses.
To those who normally don't think this stuff through, including those in Washington, please think about it. try talking to some small business owners. Please understand that small business is the driver of our economy.
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Yeah, but in the mean time, the US debt has grown by trillions of dollars and YOUR share of the debt has increased by more than $4,000.00 and so has your lucky employee's.
http://www.brillig.com/debt_clock/
There is no such thing as a free lunch.
The US gov't can not keep borrowing money year after year at infinitium until such time as you can not afford to pay even the interest on the debt.
At some point in the very near future, another president - not Bush and another Congress, not this one, will have some very serious economic decisions to make. The changes are going to be very harsh and felt by everyone, but there will be nothing he or she can do.
Those decisions will have a far greater effect on you than any $600.00 photo copier.