Looking at the facts, it's hard to believe otherwise. Doing business is just going to get more costly. A trillion dollar mortgage bail-out bill has passed and Congress wants to force businesses to provide health insurance to their employees or face tax penalties. Not to mention the minimum wage increases and soaring gas and energy prices.
We are undoubtedly in the middle of an enormous financial crisis with no end in sight. In addition to the growing financial crisis, we are on the verge of the largest set of tax increases in our nation's history. Business owners face increases in almost every tax imaginable. Increases to the capital gains tax, taxes on dividends and even increased taxes on energy.
Many businesses are struggling without these insane tax increases. You can practically watch your tax bill creeping higher and higher with every passing day. It's like a teenager with a no-limit credit card. First, it'll be "just for emergencies". And before you know it, someone's knocking on your door looking for money. Someone has to pay and it's going to be you!
All the while, you're trying to save money to fund your childrens' college, secure your retirement and simply try to make ends meet.
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