Dan Senor: Hikes Hurt

The Obama crowd is claiming that raising taxes on high-end earners won't affect job creation. How is that possible? It isn't. Former Bush adviser Dan Senor explains.

You're talking about 940,000 taxpayers... if they're being told, 'look, we're taking care of one swath of taxpayer, you, we're not so sure about...' that impacts decision making.

Every time there's a tax debate, people say... 'do you really think it's gonna have an impact on behavior???' of course not, it's the cumulative effect...