1. Higher taxes affecting everyone. Maybe not income tax on income less than $250,000 but unlimited FICA on all earned income; plus certainly on capital gains; dividends; and on both small and big businesses. Big businesses may be able to cope by raising prices for all of us, since big business doesn’t pay taxes, they collect them from customers. Small business, on the other hand, in a much more competitive environment, normally can’t add the added tax load to their pricing, and their already minimal profit margins may disappear along with their entire small business.