Originally Posted by Americano

Providing jobs? What jobs, service sector? There's no demand for capital in the US.

Originally Posted by electric-rascal

I keep hearing the same old class-envy, anti-business crap from the politicians:

• We'll increase taxes on the rich to pay for this
• We'll make the rich pay their fair share
• Businesses will pay the cost (oh no they don't... the pass it along to the end-user/buyer)

What happens when the "rich people" have had enough and say to hell with it?

It's these "rich people" (which I think to some politicians means anyone making more than $60K/yr.) that are the best at creating jobs, starting companies, growing businesses, etc., so why make any more burdens on them? If you torque them off enough, they'll just say screw it and cut way back or give up all together.

I know a guy that a couple of years ago had about 12 people working for him and he had a very successful plumbing business and paid his workers a top wage, but the ever-increasing taxes, regulations and insurance requirements became so onerous he gave it all up and now works solo... he turned everyone that worked for him loose.

These same politicians seem to think that the the tax system in this country is an unlimited resource from which they can tap into in order to spend money like crazy. Also, the politicians that we elect seem to use the quantity of new laws and regulations that they bring about as a measure of success; they never take into account how much they are draining the resources of people and businesses alike.

Originally Posted by jviehe

Capital is stored in banks, which are then loaned out to small businesses.

Originally Posted by Americano

Who keeps money in banks for other than servicing expenses? Even small businesses that know what they're doing use zero balance bank accounts fed by money market accounts. Banks don't loan against money market accounts, they play the overnight spread.