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Finding North Without a Compass

A retired Army officer and retired Fortune 500 executive, Warren may be best known for making waves while serving on the Mequon Common Council and Ozaukee County Board. He's no longer an elected official, but he has plenty to say about local, state and national issues.

 

"CHANGE WE NEED"

If the pollsters prove accurate, on November 5 we will have President-elect Barack Obama. Since his entire campaign has been based on "Change We Can Believe In" which morphed into "Change We Need," we ought to recognize the changes we are in for in the next four years. Here’s his change list, in no particular order.

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.

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