And Just Think ~ This Was BEFORE Small Businesses Heard About the Genius’s Bush Tax Cut Extension Plan!
I can only imagine what the survey will say after they digest the “And you RICH BASTARDS at $250K a year get to pay MORE”!
Small Business Swoon: Index Shows Confidence Is Dropping
Weak Sales Deflate Business Owners’ Optimism: Survey
Small business owners’ pessimism about the U.S. economy seems to be rising with temperature. For the second month in a row, the Small Business Optimism Index declined, according to a monthly survey by the National Federation of Independent Business.
“Optimism fell off last year at the same time, but not like this,” said William Dunkelberg, chief economist for the NFIB. The index was down three points in June, after a one-tenth of a point decline in May.
I think the phrase covering it is “In the tank, Frank”.
From Charlie Gasparino (who’s probably thrilled he gets to speak his mind now that he’s working for Fox):
…The Heritage Foundation recently crunched some of the Obama Treasury’s own statistics and found the following: The small businesses that make the most money and do the most hiring fall in the higher tax brackets that will get hammered the most by the Obama plan.
So while 97 percent of “all small businesses” may not see a tax hike, he really would hit the ones that count for job-creation.
As Heritage’s Curtis Dubay puts it, the Treasury’s own numbers show that the Obama tax plan takes aim at “91 percent of the income earned by small businesses that actually employ workers . . . The biggest most successful small business fall in the target of his tax increase.”
How’s that for “a step in the right direction”?
(H/T to Instapundit for the link)
Biz, Nanny State, People, Politics | tree hugging sister | 
July 10, 2012 8:44 am
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If he can slam businesses with more taxes he can ensure even more people go on the dole which will swell the ranks of Democrat voters.
I suppose that might depend on what you consider “a step in the right direction” – I suspect he and I would disagree on that…
I really don’t know how Obama expects small businesses to hire people in this kind of economic climate.
Oh wait. He doesn’t. (ObamaLovesGovernmentDependents)
How the hell are we supposed to stop this? Romney? God help us all.
Gary, would you rather leave the current administration in place?