Tampa Bay Times: Sen. Marco Rubio's claim on student loan bill is false.

[seafan]

Gee, what a surprise.... More lies from the Tea Party's//Koch Brothers'//Jeb Bush's little darling.


(Backstory here.)


Sen. Marco Rubio's claim on student loan bill is false

By Angie Drobnic Holan, Times Staff Writer
May 14, 2012

.....

Republicans in the Senate voted down a bill from Democrats last week. In explaining his "no" vote, U.S. Sen. Marco Rubio, R-Miami, said the Democratic bill would raise taxes on small businesses.

"As someone with a student loan and with a state with so many people with student loans, I support a hundred percent making sure that the interest rates on student loans do not go up," Rubio said.

"I cannot support the way the Democrats want to do it, however, because they want to do it by raising taxes on small businesses, very small businesses. The kinds of small businesses that give jobs to graduates who not only need low interest rates but need jobs in order to pay their student loans."

.....

Rubio's statement gives the impression that all kinds of mom-and-pop operations might be subject to new, additional taxes, when actually the bill is aimed squarely at high-income professionals. The bill's intent was to close a loophole on people who were avoiding payroll taxes, taxes that they're supposed to be paying anyway.

We rate Rubio's statement False.

The statement

Democrats plan to keep student loan interest rates low "by raising taxes on small businesses, very small businesses … the kinds of small businesses that give jobs to graduates."

-----U.S. Sen. Marco Rubio, in a video statement



The ruling

PolitiFact ruling: False

Rubio said the Democrats' plan raises taxes on small businesses. Actually, it targets high-income professionals who use a tax loophole to avoid paying payroll taxes for Social Security and Medicare.

Go back home to Miami, Mr. Rubio. You are not fit for the office your friends bought for you.

[DainBramaged]

1. Marco

Polo