Question by : Does Geithner’s quote sum up Obama-nomics; “Taxes on Small Business Must Rise So Government Doesn’t ‘Shrink’”?
http://www.cnsnews.com/news/article/geithner-taxes-small-business-must-rise
The administration’s plan to raise the tax rate on small businesses is part of its plan to raise taxes on all Americans who make more than $ 250,000 per year—including businesses that file taxes the same way individuals and families do.
Best answer:
Answer by Ed
Richie, perhaps you should read the entire article
Add your own answer in the comments!
No, not at ALL. That has nothing to DO with Obama’s economic policies.
I WOULD be curious to see if a right-winger could come up with an argument against Obama’s economic policies that are actually BASED on his policies, though.
So far, I’ve only seen arguments based on made-up b/s, misinformation, and paranoid fear-mongering. Is that maybe because if they’re forced to base arguments only on the truth, they’re unable to do it?
Come on…let’s hear an intelligent argument based specifically on Obama’s ACTUAL economic policies.
Let’s examine the first paragraph of your article.
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Pay attention to the position of the quotes. Geitner didn’t say:
“the Obama administration believes taxes on small business must increase…”
CNSNews did. It’s a very dirty and dishonest tactic they used to make it sound like Geithner said it. Perfect to fool idiots who don’t know how to read.
A tax on people who make over $ 250k/year is not a “tax on small business”. I’ve worked for several small business owners who gross substantially less than this. Also, several people who aren’t small business owners make over $ 250k/year.