Procrustes Stretched
"intuition and imagination and intelligence"
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- #21
American Small Businesses are the job creators. Not the GOP Fat Cat Friends.
1. What is a small business?
Frequently Asked Questions
The Offce of Advocacy defines a small business as an independent business having fewer than 500 employees. (The definition of "small business" used in government programs and contracting varies by industry; see www.sba.gov/size.)
the president said, keep in mind that what we've proposed is to extend the Bush tax cuts for all income up to $250,000 If you're making $300,000, you'd still get a tax break on the first $250,000 worth of income. You'd pay a slightly higher rate on the $50,000 above that.‪
He said the reason I think it's important for us to do this is not because I'm not sympathetic to small businesses. It has to do with the fact that 98 percent of small businesses actually have a profit of less than $250,000.‪
- Republican Small Businessman Chats Tax Cuts With President In Iowa Backyard - Political Punch
Is Obama selling out?