Quote from jem:
the point is that richter seem to be implying that that uncertainty over futures cost increase or tax increases would not effect a company's hiring decisions today. He argued these increases are just passed on to the consumer.
There is no way that is true for most businesses. If your net is going down due to taxes or because of health care costs you are unlikely to want to hire more workers.
Because even if you could pass those costs on, you will then sell less.
I find it odd that socialists dispute that point.
My point is, no one I meet with believes that future taxes are going to be so onerous, and no one with an entrepreneurial bone in their body is making decisions on "maybe" taxes will be too high. Entrepreneurs "go for it". Maybe the CFO worries about it, but if he does I never hear it.