by Javier Manjarres
Congressman Ron Klein says that he supports extending the Bush-era tax cuts, but in his trademarked wishy-washy style, he believes that those tax cuts should only be extended for another year. In today’s Congressional debate against front runner Republican Allen West, Klein simply does not grasp that fact that tax cuts are not just for businesses- even though businesses are in dire need of need them, they’re just is necessary for everyday Americans that work hard for every penny they earn. It is a widely accepted fact that tax cuts lead to more personal spending; and with more discretionary income, people will either re-invest their money or spend it on goods and services. Either way, that tax money saved is going back into the economy in some form, and will help create jobs and stir economic activity that benefits small businesses.
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3 Responses to “Ron Klein’s ‘Taxing’ Issue”
They don’t even know they are lying ….
I don’t care for Klein at all, but one thing he said is correct….as a small business owner, I only hire more people when I know I have the revenue stream (sales) that generate a profit to support the expense. I can’t project my profit if I don’t know what my tax liability will be…and he doesn’t seem to get that concept. Just might be because he has never run a business……
Can anybody fill me in on some of the issues that West brought up during the debate? Namely:
About those secret empty flights between Venezuela and Iran.
This 12th Imam.
This supposed new building that is being built for 15,000 IRS agents in DC.
Also, how does reducing the tax rate ALWAYS increase revenues? Sees counter-intuitive.