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Geithner: Taxes on ‘Small Business’ Must Rise So Government Doesn’t ‘Shrink’

Personally I hope these guys never stop talking. LOL

Do you think he is right?

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itsmesteph11

Asked by itsmesteph11 at 6:43 PM on Jun. 23, 2011 in Politics & Current Events

Level 39 (113,405 Credits)
Answers (15)
  • Why does he need to finance to pay for no tax increase? When are these idiots going to learn the concept of living within your means? The progressives operate on this false belief that what a person earns belongs to the government and they decide what they will let you keep. They are going to push the people of this once great nation to the breaking point soon.
    Carpy

    Answer by Carpy at 6:57 PM on Jun. 23, 2011

  • Geitner is tool. Of course they need to tax small business in order to keep Big Gubmint BIG. Our republic (and liberty) is built on the backs of small business owners. Government can't regulate what isn't taxed.
    -Eilish-

    Answer by -Eilish- at 6:57 PM on Jun. 23, 2011

  • I agree with Carpy and Ellish, 100%!
    agentwanda

    Answer by agentwanda at 7:07 PM on Jun. 23, 2011

  • What an idiot. What they should be doing is closing the loopholes for large corporations, taking away the tax breaks, etc., especially those for profits made over-seas and giving some if not a lot of those benefits to small businesses so they can expand and grow. Funny how when an average family needs to cut spending, they cut from the top and get down to basics, when our Gov looks at cutting spending, they start at the bottom and never reach the top.
    meriana

    Answer by meriana at 7:41 PM on Jun. 23, 2011

  • – collapse
    Oh wow....now we have TWO posters using that quaint term "gubmint" WooHoo. Farmlady and Eilish! Unless they are the same person?
    Could this news site BE any more biased?
    minnesotanice

    Answer by minnesotanice at 10:47 PM on Jun. 23, 2011 (hidden) + expand

  • The increase in taxes would only be on those who make over $250,000 a year and apply only to small businesss which file as individuals or families , presumably mostly the self employed who choose fo file this way .

    The deficit cannot be reduced without increasing revenue . The article is from another right-wing source and it does not mention other methods of raising revenue under consideration such as those listed by Meriana . But hen consevatives would prefer to cut programs for the poor while increasing the generous tax provisions for the corporate and the rich .
    janet116

    Answer by janet116 at 11:11 PM on Jun. 23, 2011

  • Errr ... the deficit CAN be decreased without increasing revenue - gov't can VERY easily CUT IT'S SIZE and spending. Let's have fewer limousines, and pay gov't workers the same level of salaries which their counterparts in the private sector earn. Gov't salaries have GONE UP ( by 70%, was it? ) while millions are losing their jobs, losing their homes and going broke with their businesses.

    No programs for the poor are being threatened (unless you believe the carefully crafted MANIPULATIONS broadcast by the liberals).
    Look at Paul Ryan's proposal - it STRENGTHENS Medicare, whereas Obamacare uses $500,000,000 taken FROM Medicare to spend in its big-spending programs. That's just one example from the Ryan plan.
    Paul Ryan carefully explains it - take a look at his explanation AND at the actual proposal.

    The people making over $250K are NOT fair targets. Why on earth does Obama, et al, want to PUNISH productivity ?!
    waldorfmom

    Answer by waldorfmom at 12:07 AM on Jun. 24, 2011

  • The deficit cannot be reduced without increasing revenue .

    Why raise more money when there is not end to spending in sight? At this point I don't want to give the Government anymore of my hard earned money when I know they will simply blow it on some special interest group. They need to cut spending and prove they can be fiscally responsible before asking for another dime. I am good with my money and not in debt funny how progressive seem to think the in debt gov can be trusted. I think you should personally write a check and give the gov more of your money. All progressive should do that and see if they spend it wisely. I doubt any will.lol
    Anonymous

    Answer by Anonymous at 12:19 AM on Jun. 24, 2011

  • Lmao minne you call biased then post whaty you did aboiut language you must have some big ones
    Carpy

    Answer by Carpy at 3:25 AM on Jun. 24, 2011

  • The increase in taxes would only be on those who make over $250,000 a year and apply only to small businesss which file as individuals or families , presumably mostly the self employed who choose fo file this way


    Is this supposed to comfort someone?


    I thought that you people want jobs!!!!!!!!!!


    NO HIRING HERE!

    mustbeGRACE

    Answer by mustbeGRACE at 1:22 PM on Jun. 24, 2011

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