Hard news to swallow than to die with!
U.S. Chamber of Commerce economist Martin Regalia on Monday said the tax increases advocated by President Obama would essentially kill any chance for an economic rebound.
Obama has suggested continuing the breaks that benefit the middle class and most small businesses while allowing tax cuts for wealthier entities to expire. Regalia said that plan will fail to boost economic demand.
"If we don't get the economy growing at more than 3 percent, we will not reemploy the people that have been displaced," Regalia said. "They will die in their current status."
http://thehill.com/blogs/on-the-money/domestic-taxes/114451-chamber-economist-obama-tax-increases-are-a-bullet-in-the-head