[defertoreptar]

> So why didn't they do that before? If there is one thing I know about the rich it's that they won't pass up an oportunity to earn more.

There is some number x that is the minimum net profit after tax that entrepreneurs/investors will accept depending on how much pain in the butt the business is to take on.

This number stays the same whether taxes and wages go up or not. People just don't take on new projects unless what they can put in their pockets at the end of the day is actually worth their time and effort.

If taxes or wages go up, the prices must go up in kind for x to stay the same. If that doesn't happen, then entrepreneur/investor interest declines and eventually competition and supply decreases along with it. If that happens, then again, prices go up.