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In reply to the discussion: Romney To Middle Class Ohioans: Don't Expect Too Much Tax Relief From Me [View all]OregonBlue
(7,743 posts)5. I assume he means that since most small business owners pay the individual rate and the
deductions he wants to eliminate are things like mortgage interest and property taxes deductions, etc. most small businesses will actually pay more, not less. On the other hand, since a small business is any company with less that 500 employees, financial consultants, law firms, etc. will get the benefits. As Warren Buffet said, he is considered a "small business".
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Romney To Middle Class Ohioans: Don't Expect Too Much Tax Relief From Me [View all]
kpete
Sep 2012
OP
so, this is the first of the daily Mitt-stakes. So much material to work with, daily!
NRaleighLiberal
Sep 2012
#1
So they're going to lower overall business taxes by getting rid of individual's exemptions
pnwmom
Sep 2012
#36
I assume he means that since most small business owners pay the individual rate and the
OregonBlue
Sep 2012
#5
It's Governor John Kasich's hometown, just to back what you're saying, Botany.
bulloney
Sep 2012
#11
cut deductions for everyone but the rich and "small business" is code for large corporations: KO vid
wordpix
Sep 2012
#8
Not only that, you're not going to hire because you save a few bucks on your taxes;
bulloney
Sep 2012
#12
Need to get Mitt on the record that the mortgage interest deduction is on his hit list.
yellowcanine
Sep 2012
#31