Trickle Down Economics Works in Reverse, Too

I read an article today that illustrates in a small way, what will happen if a certain presidential candidate is elected and fulfills his promise to raise taxes. Read the article HERE.
Already, the small and mid sized business owner is feeling the pinch of higher operating costs and a higher minimum wage. Once higher taxes are added to the equation we will see many businesses forced to close and many more scale back by laying off employees or not hiring in the first place. Many people don't understand that it is not the mega rich or the large businesses who hire the most employees in this country. The biggest load is carried by the small business owner.