With the lame-duck congressional session under way, the expiration of the Bush-era tax cuts has come to the fore. Politicians and economists like to talk about the relationship between small businesses and extending the tax cuts that benefit solely high-income households.
Take it from the owner of small business: small businesses won’t benefit from an extension of the Bush-era tax cuts that are designed solely for the wealthy. Jim Houser , co-owner of Hawthorne Auto Clinic in Portland and a board member of the Oregon Small Business Council, writes in an OCPP opinion column:
I'm an auto mechanic, not an economist. But I know that small businesses like mine form a vital jobs engine for the nation.
Today that engine stands idle. Small businesses are not hiring, and the overall economy is suffering for it.
With that in mind, I have a message for Congress, one that I ask other small business owners to join me in delivering: small businesses need customers, not additional tax cuts for the wealthy.
Read the entire commentary Small Businesses Need Customers, Not Tax Cuts for the Wealthy and return here to discuss.