President Obama: ‘encouraging’/planning to tax into oblivion start-up businesses.
Never mind the fact that Obama got yoghurt splashed on him last night – that’s just an ongoing hazard of being a politician running for re-election in this country. The real story here is this: the President went to Colorado to, essentially, lie to a bunch of kids about how they can get themselves out of this mess that they’re in. And it is a | Read More »
The Obama Tax Increase and Small Business
John Boehner, on Sunday, suggested that he might be willing to support a tax package that included Barack Obama’s tax increase on job creators — those making more than $250,000.00 a year. There are some important points to consider. First, this tax increase is, according to the Democrats, a tax increase on the rich. This is code for “job creators.” Neither you nor I have | Read More »
Administration caught lying on insurance relief law.
(via @amandacarpenter) Let us walk through a test case on the administration’s claimed insurance support for small business owners. Zach owns a small business (24 employees, average salary $35K) and provides them with health care ($79.2K/year). He has already seen a 15% increase in health care costs this year, so he is quite keen to hear about insurance relief. The White House’s PR flunkies were | Read More »