In response to:

Tax Revenues Projected to Hit All-Time High in 2013

DevinDenver Wrote: Mar 05, 2013 4:29 PM
AL, it is obvious that YOU have never run a business. Your claim that the impact is at the margins, but fail to account for the margin (ie profit margin) in the first place. If a product is currently providing say a 17% profit margin and that possibility that taxes may rise and regulations instituted that take that to a 5% margin, are you honestly going to tell me that this "impact" will be only secondary or tertiary to how that business is run? If so, you are sorely mistaken. I, as a business owner will have to decide whether to take the money I was going to employ in this business to possibly earn a 5% margin, or park it in an investment that earns 3.5% (for sure). This is NOT a secondary impact, son.
psydoc Wrote: Mar 05, 2013 8:18 PM
You are incapable of conducting yourself in a respectful, adult manner, can you, AL? You just had to call Devin "stupid". What did that add? answer, nothing. It just shows how immature you really are.

I would propose, as a former business owner, that the MAIN issue is profit. If a business owner can pass the additional tax and regulatory expense on to the customers, they will. If they cannot, they will either cut expenses, or close the business.
AmericanLiberal Wrote: Mar 05, 2013 7:07 PM
Of course it is, stupid. Secondary impacts are impacts, to be sure, but the primary impact on business is customers. Currently, owing to private sector contraction, household demand has withered. THAT is driving business or the lack thereof. And although regulatory and tax costs are definitely an issue, it is only entrepreneurial grandiosity and conceit that says it is the MAIN issue. The main issue is that paying customers are hard to find, which is why we need government to take these historic low rates out for a spin and become a "customer of last resort."

The Congressional Budget Office anticipates that federal tax receipts will hit an all-time high of $2.7 trillion this fiscal year, yet the annual deficit will still clock in between $800 and $900 billion.  We have a spending problem:

An impasse over the shape of the federal budget keeps boiling down to this basic plotline: Democrats say the solution to high deficits must include more tax revenue, while Republicans say the fundamental problem is spending. Failure to reach a middle ground has prompted automatic spending cuts known as the “sequester” to go into effect. This wasn’t...