From entrepreneur.com
I have made frequent posts from Huffington Post, Newsmax, WSD on the state of US economy. Small entrepreneurs will face: weak credit market, slower growth (demand) at most 2.1% and higher taxes. There is the talk of fiscal cliff: higher tax rate, and cut in govt spending. As we all know, govt spending fuels economic activity.
So Americans will most likely find opportunities and jobs abroad. However there is a tax for capital transfer (as much as 30%) and because of that, opportunities abroad does not look good. However, US is still the center of high tech innovation and the US will be a major energy producer.
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