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1) business' go over seas, which means job loss in US, job loss means less $ being spent in the US economy, less taxes being paid because more people are out of work. Less money being spent in the US means more job loss.
2) Lay offs to make up for the higher taxes
3) Higher prices to make up for the higher taxes.
We ALL lose, when taxes are raised!
E WORLD DOWN, VOTE OBAMA!!! ★°°•.★°°•. _./'\._¸¸.• *•. .•* * YES WE CAN!!!! /.•*•.\ •¤**¤•.,.•¤**¤•.,.•¤**¤ Register at voteforchange. com