Cap and Trade will sink the American economy for decades.
By Daniel at 10 July, 2009, 1:30 pm
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A True Story…
A while back I was considering starting a new business with my brother-inlaw.
It was going to be a plastic injection mold business and would have employed 15 to 20 people to start.
Well because of the cap and trade issue ( read higher electric rates ) and govt health insurance mandates and the outlook for higher corporate taxes - we have shelved the idea.
We are seriously looking at starting it up in Mexico or further south - like South America.
There are very few pollution controls, govt mandates and the hourly pay is much less.
And the countries we are considering are inviting us with many benifits. Plus they have a stable government and excellent police protection.
So I ask you liberals - why should I stay here and put up with your socialism when I can make a better profit somewhere else?
Remember - your kids will need a job someday - and you might not want them all to be working for the government or Burger King.
Capital (read money ) will always flow to the place where it is least likely to be taxed!
F.L
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Sad to here about you’re business. My father opened up a tax business a couple years ago and if this Cap and Trade goes through, he will have no choice to shut down. It’s bad enough that this past year, he couldn’t even get a loan and everything he paid for was out of pocket.
This is not only bad in the business perspective, but imagine what it will do for households. Electric companies will tax the hell out of them.
Hopefully, you will fulfill your dream of owning a small business in the near future. It’s what runs America, too bad the Liberals want to run America instead.