Hiking taxes on the so-called wealthy would help send us into a recession because so many small businesses report their income on individual tax returns. If taxes are raised, they will be less likely to be able to hire new workers and make new capital investments.
By: Ronald Kessler
Private enterprise in the history of civilization has never led large, expensive, dangerous projects with unknown risks. That has never happened because when you combine all these factors, you cannot create a capital market valuation of that activity.