Obamanomics - (Small Business Beware!)

About: geithner: taxes on â

source: ... Treasury Secretary Timothy Geithner told the House Small Business Committee on Wednesday that the Obama administration believes taxes on small business must increase so the administration does not have to “shrink the overall size of government programs.”
...
Geithner, who is supposed to be minding the treasury, wants you folks in small business to pick up the slack on the limitless credit card that the rest of the World is beginning to have second thoughts on honoring.

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Tags

  1. geithner
  2. treasury
  3. obamanomics

Comments


Mark de LA says
source: ... “Overwhelmingly, the businesses back home and across the country continue to tell us that regulation, lack of access to capital, taxation, fear of taxation, and just the overwhelming uncertainties that our businesses face is keeping them from hiring,” Ellmers told Geithner. “They just simply cannot.”
... If you tax something &/or regulate something you will get less of it.  That's what happens when you elect idealogues to government expecting OJT to do the job rather than experience.

... we are certainly entering an era where there will be less health care!

Mark de LA says
source: ... Former New Jersey Gov. Jon Corzine, former technology executive Bernard Schwartz and banking executive James Staley were among 30 well-connected figures in the business and finance world who met with President Barack Obama at the White House in March for an unusual economic discussion organized by the Democratic National Committee.

Read more: http://www.politico.com/news/stories/0611/57745.html#ixzz1QJ9ElDpq
... donors who may influence the president on financial matters .


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