Timothy Geithner demonstrates again why he is a contemptible, utter embarrassment.....
From FoxNews -- 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."
The idea of shrinking the size and scope of the behemoth, federal bureaucracy is anathema to liberals. If they feel like they don't have enough of other peoples' money to hand out to the derelict class in exchange for votes, the obvious answer to them is to just take some more away from the productive class by raising taxes. I swear, the awfulness of the Obama administration personnel cannot be overstated!
2 comments:
Isn't small business where the most jobs are created? And wouldn't taxing them mean less workers? And don't less working people mean less income tax revenue and more payouts for unemployment? The end result being an even greater deficit? This would seem to me to be the logic in this exercise. OR have I missed something important in this tax increase?
No, you are right. That's how quixotic this administration is when it comes to problem solving. They haven't a clue against what they shold be tilting.
Post a Comment