Friday, December 3, 2010

Shuster Votes NO on Flawed Tax Bill Opposes Massive Tax Increase on Small Businesses

“Real tax relief means that all Americans get the chance to keep more of their own money instead of sending it to Washington to be spent recklessly. We don’t need to tax any more, we need to spend less.

The Democrats’ flawed tax bill fails to recognize this by increasing taxes on many Americans who own small businesses and by law report their business income as personal income.

While many of these business owners make over $250,000 a year, they are anything but rich. Their income is used to make payroll and it is reinvested into their enterprises. Raising taxes on the people who create jobs and drive our economy is misguided and damaging to our economic recovery. For that reason, I support the complete extension of the Bush tax cuts for all Americans, not just for those selected for political expediency.”

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