Obama says that most small businesses make less than $250,000 a year. However the Small Business Administration (SBA) has the numbers that prove otherwise. If Obama is not lying then he is entirely under qualified to become president. Based on the SBA numbers 99% of the small businesses in the US will pay much higher taxes if Obama became president and proceeded with his plan.
Obama may just be using that number (250,000) to lure in people who are undecided into thinking that their taxes will not go up. But here is reality. Over 75% of the jobs being created in this country are by small businesses. Based on Obama's $250,000 figure 99% of those businesses will pay higher taxes. In order to ride out the market changes these businesses will have to lay off workers. The very people he is trying to lure in to voting for him will get clobbered. We will all get stung. We can't afford this man! You do not spend your way out of a recession.
Obama is saying he will give a tax break for one year. Oh really, is that because lowering taxes works? The way to win is smaller government, lower taxes and economis growth without government taking away liberty.
THis election is about your liberty. Your personal freedom to live and pursue happiness. Do not get fooled by the movement toward socialism. This country has a foundation of liberty. Conservatism is where that liberty has a home. The democratic party of my grandparents is nothing like it is today. Socialism has found a home in the Democratic Party!
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