[Mount Athos]

abbreviated original title to fit. Original title is: Tax Increase on 'Rich' People Planned by House Democrats Would Strike More Than a Million U.S. Small Businesses

[Sig Sauer P220]

The Democratic Party. The Party of Unintended Consequences.

[b4its2late]

That ought to be good for the unemployment rate...../sarc

[cbkaty]

The tax increase, if enacted, would take effect in 2011.

Think......RETROACTIVE............

[Travis T. OJustice]

Yeah, dems, kill those who truly create jobs. Killing the golden goose. FRiggin brilliant. Too bad about half the population is so stupid and/or brainwashed, they’ll go along with this.

[ex-snook]

Just how damaging to small business is a 1-3% cut in income?

[xcamel]

Going to happen anyway, when the bush tax cuts expire.
Then add all the new taxes... Then it will be 1928 all over again.

[engrpat]

My wife has a part time job keeping the books for a local small business. Well about 4 hours one day a week she does this. They have 8 employees and are struggling to keep the doors open. The owner is doing everything he can to keep from laying off anyone but he said that if any of the taxes the democrats want get passed the doors will be closed he won’t be able to make it. Guess this is what they want.

[BossLady]

"As a result, the roughly five percent who make more than $200,000 a year would be hit with the extra tax."

Those businesses who are actually making $200K these days are probably those who were making over $1 million a few years ago!!!

[NoLibZone]

Tax on 'Rich' People Planned by House Democrats Would Strike a Million U.S. Small Businesses

the DNC will not like this article!

They hope to shut down more than just one million private sector businesses.

[OCCASparky]

Taxing the “rich”...women, minorities hit hardest. Somehow I don’t think the AP is going to make that connection—at least not willingly.

[Man50D]

Government control over every aspect of our lives can be dramatically altered by pressuring Congress critters to pass The Fair Tax Act(HR25/S296) that will replace all federal income taxes with a national sales tax and abolish the IRS. Fair Tax ping!

[ethics]

Didn’t these Blue Dog Democrats vote for Nancy Pelosi as speaker?

[rabscuttle385]

My predictions:

1. The Democrats will ram the tax increase through.

2. The tax revenues will go into the general fund and get spent on other items.

3. The Democrats will whine about underfunding as an excuse to increase taxes again.

4. Nobody gets health care. Everybody gets stuck with debt and higher taxes. [Well, except for the Congress critters and their families.]

Just...like...Social Security. And Medicare. And every other failed government program.

[MarMema]

small business owners will not see their money back unless they force their employees to take the proposed public health care option.

And much of this is about exactly this. Private healthcare will be forced out of business.

[combat_boots]

People will LEAVE. Close up shop and leave. Bar room economics.

[Dubya-M-DeesWent2SyriaStupid!]

Like I have always said what the hell good is me paying for others healthcare if there are no jobs?

[a fool in paradise]

Can I see Ted Kennedy’s, Bill Gates’, Warren Buffet’s, and Barack Obama’s recalculated tax payments when this “tax increase on rich people” is assessed?

Much of the Obama administration didn’t even pay “their fair share” of the taxes they’d already BEEN assessed under the law. We aren’t even talking tax shelters, these were outright dodges.

[atc23]

Hmmmm. What we need is a . . is a . . . is a . . . I know!

A bailout package for small businesses!! brilliant!

Jeez, converting to Soviet style socialism sure is spendy!

[frogjerk]

From the director of "Stimulus" and "Detroit Dreams" comes the next summer thriller..."WAITING TO DIE"...A story of hope and change where patients check in but they don't check out.

ROLLING STONE -4 Stars- "The eerie government health care bureaucrat, who is the arbiter of life and death (A dead ringer for Tom Dachle), puts on an incredible performance of sarcasm and plain carelessness".

Variety -A real tear jerker- "Watching company after company drop their worker health care benefits, due to the horrendous single payer plan being available to everyone, tugs at your heart strings."

NY TIMES Magazine "This movie will make your head explode watching Congressmen, Senators and the President coming up with every lame excuse what went wrong."

[lowbridge]

Rep. Charles Rangel (D-N.Y.), chairman of the House Ways and Means Committee, announced late Friday that Democrats want to enact this tax increase.

Democrats wanting to raise taxes. There's a shock.