Monday, July 9, 2012

Tax Flip-Flop: Obama Moves Left Of Pelosi

Tax Flip-Flop: Obama Moves Left Of Pelosi, Punishes 900,000 Small Bizs: "With the economy threatening to fall into another recession and job growth plummeting, Obama came before the American people today demanding taxes be raised on those making over $250,000 a year, including what he admitted would include 3% of small businesses. Even if that 3% is correct, which is disputed, that 3% means a tax increase on 900,000 small businesses.

That's nearly a million small business owners who will now be even more crippled and have less capital available to expand their payrolls -- which of course means fewer jobs for the middle class and the poor who would like to someday enter the middle class.

Moreover, Obama's announcement today puts him to the left of Nancy Pelosi, who is only proposing raising taxes on those making over $1 million a year."

'via Blog this'

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