ABC: Obama Tax Hike Will Hurt Nearly 900,000 Small Businesses
The White House and its liberal allies are in full attack mode against GOP Leader John Boehner for exposing their plan to raise taxes on small businesses. The Wall Street Journal says "Democrats want voters to fear [Boehner] more than their policies" – and for good reason: their tax hike would hurt nearly 900,000 small businesses. ABC News' Jon Karl has the story:
While Democrats work furiously to raise taxes on small businesses, Republicans are taking action on Boehner's two-point plan to freeze all current tax rates and cut spending back to 2008 levels. Roll Call reports:
"The top Republicans on three House committees on Monday called on their Democratic counterparts to clear committee agendas immediately and begin work on a bipartisan bill to create jobs by freezing spending and cutting taxes.
"In their letter to the chairmen of the Ways and Means, Appropriations and Budget Committees, Ranking Members Dave Camp (Mich.), Jerry Lewis (Calif.) and Paul Ryan (Wis.) proposed the House work to enact a two–point plan to extend the Bush tax cuts for two years and freeze non-security discretionary spending at 2008 levels.
"'The spending cuts would be enacted now, to avert the possibility of Congress using a lame duck session to pass a bloated spending bill for next year after the November elections, and would include common-sense exceptions for programs affecting our seniors, veterans, and national security,' the Members wrote, according to a copy obtained by Roll Call.
"House Minority Leader John Boehner (R-Ohio) proposed the plan in an interview on ABC's 'Good Morning America' last week."
Even Obama's former budget director admits that raising taxes right now will make our unemployment problem even worse than it's already been under Democratic leadership. If Democrats are serious about creating new jobs, Speaker Pelosi will allow a vote on the GOP plan ASAP.
If you want to help John Boehner and The Freedom Project back reform-minded candidates who will fight to cut spending and stop the tax hikes, click here now, consider supporting GOP candidates directly, or build your Ticket of GOP candidates.
White House Can't Explain How Tax Hikes Will Create Jobs (9/13/10)
Obama on Small Biz Tax Hike: "I've Got a Whole Bunch of Better Ways to Spend That Money" (9/9/10)
A Study in Contrasts: Obama Talks About Boehner; Boehner Talks About Creating Jobs (9/8/10)
Boehner Outlines Two-Point Plan to Create Jobs Now: Cut Spending, Stop the Tax Hikes (9/8/10)
Former Obama Budget Director: Tax Hikes on Small Businesses Will Make Unemployment Worse (9/7/10)