Accusation that Obama will raise taxes on small businesses

[kristopher]

The accusation that Obama will raise taxes on small business is to some extent correct and it is therefore extremely difficult for our talking heads to counter their talking heads.

My proposed response would be:
If the small business owner has a personal income over $250,000 then YES, Obama will be asking them to pay what they did under Bill Clinton. However, one of the benefits they will receive for this 3% will be a health care system that solves one of the small business owner's most urgent problems - affordable health care for ALL the people employed by that small business. Barack Obama is determined to restore the middle class to its rightful slice of the economic pie.

[PassingFair]

1. He has distinctly stated that he will LOWER the capital gains taxes

on small businesses.

[kristopher]

3. That's a he said/he said reply that fails to clear the air.

[melody]

7. I run a small business. The decision is simple.

GOP policies kill small business in favor of big business. The Democrats are the only choice.

[renie408]

2. Yep, good response. n/t

[grantcart]

4. If it is a small business that is typical of the average small businees their taxes will go down

If they are Tiger Woods their taxes will go up.

[kristopher]

6. That was why I specified 250K in personal income. nt

[melody]

5. Bushonomics has killed small business

I know. I have one. It made a quarter of a million dollars a year under Clinton. It brings in 1/10th of that under Bush.

[flpoljunkie]

8. The Rethugs won't tell you, but only 1.4% of small businesses have AGI of over $250,000!

This is another piece of dishonesty from the Republicans. They are not really concerned with small businesses-the backbone of our economy, they are carrying water for the fat cats and large corporations.

Do not be fooled anymore!

[uppityperson]

9. Also ask if they really make over $20 thousand a month.Taxes go up only if you make over that

$20 thousand/month X 12 months =$240,000. So your taxes will go up only if you, personally, have an income of over $20 thousand a month. Do you?

The $250,000 is too big of a number, I've broken it down to monthly and had some people do a double take.

[kristopher]

10. Good idea. nt

[27inCali]

11. THEIR BUSINESS WILL ENJOY THE BENEFIT

OF A HEALTHY ECONOMY WITH HIGH CONSUMER CONFIDENCE.

You know, the kind of ecomony where middle class people do a lot more discretionary spending on things like services, electronics, home products, eating out, the type of spending that really helps a small business owner.

So yeah, you a little more taxes, but your business will do loads better, plus bringing down the national debt will slow down inflation, keeps the stock market and their personal stock port happy too, which is just good for everybody.

In the end, it's a net gain for most small businesses.