Home > Fande = Fact & Evidence, The Economy > President Obama = Tax Cuts for 97 Percent of Taxpayers With Business Income

President Obama = Tax Cuts for 97 Percent of Taxpayers With Business Income

http://www.nytimes.com/2010/09/14/opinion/14tue1.html?_r=1&hp

EXCERPT:
“Under sharp questioning from Bob Schieffer on CBS News’s ‘Face the Nation,’ Mr. Boehner admitted that only 3 percent of small businesses would pay higher taxes under Mr. Obama’s proposal. As the Congressional Joint Committee on Taxation recently reported, 97 percent of the taxpayers with business income would get a cut under Mr. Obama’s plan….That is something that Republicans simply do not say out loud; it would add inconvenient facts to a battle that they prefer to wage at a purely emotional level. But Mr. Obama’s efforts to enact a reasonable tax policy are not just good politics. They make good sense.”

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