Taxes Up Innovation….

As just the threat of higher taxes lurks in the future what will occur with innovation? Well let’s see if you have extra $$’s in your wallet will you look for a safe return if you keep much less of those monies or would you put those monies on the ledge? I guess it depends on the lifestyle one is leading and if they didn’t assume in advance that higher taxes will take a bigger bite out of trying to maintain it. As a matter of fact, higher taxes might cause those with the means to cut back on their interest in their dreams and just settle with the dream they already have.  Which in turn lessons the job and opportunity outlook for those without those means and need investment income to pull it through.  So, yes innovation in all fields medical, high tech, entertainment, and lifestyle will be just another casualty when Uncle Sam believes they need to keep them afloat while others swim away from their dreams.