GayPatriot

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Treasury Secretary Wants to Tax Those Whom President Says Create the Most New Jobs

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Seems administration officials are bound and determined to shrink the size of the private sector by penalizing those whom even the president identified as job creators:

ADMINISTRATION PRIORITIES EXPLAINED: Geithner: Taxes on ‘Small Business’ Must Rise So Government Doesn’t ‘Shrink.’ “When Ellmers finally told Geithner that ‘the point is we need jobs,’ he responded that the administration felt it had ‘no alternative’ but to raise taxes on small businesses because otherwise ‘you have to shrink the overall size of government programs’—including federal education spending.”

Does that mean the Treasury Secretary doesn’t believe in cutting the size of government, something his boss hinted at when he promised us a “net spending cut.”  “Government,” the president said last September

. . . can’t create jobs to replace the millions that we lost in the recession, but it can create the conditions for small businesses to hire more people through steps like tax breaks. . . . Small businesses produce most of the new jobs in this country. They are the anchors of our Main Streets.

Do hope Mr. Obama takes Mr. Geithner to the woodshed to give him a refresher course on his policies.

Comments

  1. “Do hope Mr. Obama takes Mr. Geithner to the woodshed to give him a refresher course on his policies.”

    Don’t you agree it would be better for voters to take Mr. Obama to the woodshed?

  2. Don’t you agree it would be better for voters to take Mr. Obama to the woodshed?

    If by “woodshed” you mean “ash heap of history,” then I’m in. 🙂

  4. So let’s see. Per Geithner, you can have Big Government… or you can have jobs. This country ain’t big enough for both.

    Actually, he’s right. But he loves the wrong one.

  5. Clearly if you have to shrink the size of government, education and the extra cat-food for granny programs are the only place to start. Arugula research and bailing out union pensions are vital.

  7. At this rate, we’re rapidly approaching that slippery and nebulous boundary between socialism and that of classical fascism where all business transactions and decisions take place through a government-sanctioned interface co-opting big business, the banks, and the unions against the self-employed small businessman and the farmers.

    Just look at the definition of “small business”, and how it’s changed. The SBA and the government used to use 500 employees as the cutoff-point. Most politicians and local governments use 50 or even 25. ObamaCare originally was to use TEN EMPLOYEES, and even that was considered “too generous” by our never-gainfully-employed-in-the-private-sector leaders.

    We take the financial and business risks, and they want to confiscate our “profits” before we can even cover our basic personal expenses to fund their ever-expanding Governmental largesse to those who don’t work, won’t work, or aren’t exposed to any risks.

  8. At this rate, we’re rapidly approaching that slippery and nebulous boundary between socialism and that of classical fascism where all business transactions and decisions take place through a government-sanctioned interface co-opting big business, the banks, and the unions against the self-employed small businessman and the farmers.

    Exactly. The U.S. is *not* a capitalist country. We just pretend.

  11. Oh Good Lord… He really said this????

    I’ve been super busy with work and band stuff (it’s all good) and have been totally out of the loop on the news cycle. I just now found out that NY passed the gay marriage bill!