New taxes coming on January 1, 2011

This schedule brings home loud and clear how much taxes will increase in January of the coming year, unless the current laws are extended once again.  All of the tax repeals dating back to early 2000 will be reinstated and there will surely be new ones on top of these.  Say goodbye to small business growth.  Most small businesses are taxed at the individual rate and roughly one-half of all employees work for small businesses.  Think they can expand when their taxes are going to rise dramatically?  The forces of big government are now in control.  The private sector will continue to shrink, unemployment will not improve, the US will look a lot more like Europe, where 10% unemployment is the norm, innovation at all levels has shrunk, the administrative state reigns.  Thanks democrats!