June 24, 2011
Geithner: Taxes on 'Small Business' Must Rise So Government Doesn't 'Shrink'
I struggle trying to figure out how ostensibly intelligent people can say and think such stupid things. Only tone deaf and clay brained bureaucrats could be this...stupid. Each week I gather quotes that demonstrate astounding ignorance in action from those running our nation. Geithner hits the daily double on this one. This advice, coming from a two time tax cheat, a man who is now in charge of the US Treasury itself, is really hard to stomach. Treasury Secretary Timothy Geithner told the House Small Business Committee on Wednesday that the Obama administration believes taxes on small business must increase so the administration does not have to "shrink the overall size of government programs." Small business is being hammered already. Merchants all over the nation are closing their doors. Impending expenses from OBAMACARE will further erode their ability to stay solvent. The glut of commercial real estate speaks to the overall...(Read Full Post)