What in the hell type of category would a business be if they made between 250K and 1 million?? A business making 250K annually could barely have more than 5 employees. The bottom line is that the businesses making between 250K and 1 million will be hurt under Obama's tax plan. This plan would be considered normal under liberal leadership but the idea of implementing this plan in the present state of the economy is simply ridcidulous. The tax policy isn't the surprise, the timing of the tax policy is the surprise.
Wikipedia defines a small business in America as less than 100 employees. Seems hardly likely that 99% of businesses with less than 100 employees earn less than $250,000. As a matter of fact, it sounds ludicrous.
Obama is a ultimate BS artist. What would you expect form a Chicago community organizer? Hillary supporters and hard working Americans see right through it.
That is possible due to the recent downtrend of what actual number he will tax. The number has gone from 1 million to 500,000 to 250k to 200k to 150k. We really don't know what number Obama will tax at but we do know one thing. The one thing we know is he is going to tax NOW. Obama needs to view the economy the same as the Iraq war. At first he wanted to jet out as soon as possible which would lead to choas but now he want's to withdraw wisely. The view Obama had on Iraq and the view he has on the economy right now shows that he would rather follow an ideology than let the economy get back together quicker. Obama has disappointed the far left with Iraq because he is not willing to jet out of Iraq. I don't know if Obama can disappoint the far left again and delay the increase in taxes.
Any moderates out there willing to defend Obama? (Everytime i ask for liberals to defend Obama i get Bush jargon and racist accusations.)