Tag Archives: teaparty

Not Many (3%) Small Businesses Fall Into The Over $250K Bush-Era Tax Cut Pool

Is Obama aiming to hike taxes on ‘small business’? – The Fact Checker – The Washington Post.

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The result, according to the Joint Committee on Taxation, is that only 3 percent of all “small businesses” paying taxes would be affected by Obama’s plan to lift marginal tax rates on families making more than $250,000 and individuals making more than $200,000. (See page 25 of the JCT report.) That group — about 750,000 taxpayers — accounts for 50 percent of the estimated $1 trillion in business income reported in 2011. The other 97 percent of “small businesses” shared the rest — and under Obama’s plan, they would get to keep their Bush-era tax cuts.


GOP’s Issa Had the Worst Week in Washington: Oversight Committee Chairman’s Dubious Hiring of Staffer, Kurt Bardella

Who had the Worst Week in Washington? Oversight Committee Chairman Darrell Issa..

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Issa is not able to keep his office secure and I question his ability to use proper judgement…What an ass.