Comment Re:*yawn* (Score 1) 294
You didn't think that anyone was going to modify their standard of living as a result of tax policy, did you?
Yeah, of course. Although the rich will still have plenty of money to meet their needs, the middle class will buy less shit they don't absolutely need to survive when you raise their taxes. And, unlike the multi-millionaires, that's money that would go to American businesses and individuals --not potentially out of the country to tax havens, foreign businesses, or goods outside the country.
Now, as far as business goes... Hiring decisions are almost entirely based on whether adding an additional employee will create a marginal gain for the business --not the amount of tax on profit. If anything, you need more employees to do more work to create more profit so there's more left over to pocket (assuming the demand is there for your product/service). I'd really love it if all the goons claiming they'll close their business or stop working (and deprive us of their inestimable talents) if they're taxed more would show us that they're not all talk. Cry about the unfairness of taxes in some other country.
