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Obama Sticks Nearly 1M Small Businesses With New Taxes?

~ The Rebel ~ 2012/07/10 01:55:13
While Barack Obama was forced to move in the direction of extending the Bush tax cuts, he was also moving in another direction: hitting small business with a huge tax hike. While the number is disputed, and often is with Barack Obama, he claims that 3% of small businesses will be effected with the new tax hike. That’s a tax increase on 900,000 small businesses.

The absolute insanity of this administration to dig its way out of a recession is amazing. While Ronald Reagan did what was necessary following the detrimental economy left by president Jimmy “Peanut” Carter and by his third year the nation was producing nearly 300,000 jobs, Obama is struggling to produce 80,000 and he used $800 billion in stimulus to do that. The result is that most of those jobs are not even full time jobs.

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Read More: http://freedomoutpost.com/2012/07/obama-sticks-new...

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