GOP: Proposed Obama tax increases would hurt small businesses

09/17/2010 | Boston Globe (tiered subscription model), The

Republicans are hanging their argument for tax cuts for individuals making more than $200,000 a year on small businesses, saying that letting Bush-era tax cuts expire for that group would hurt job creation. "A lot of small-business owners have already been forgoing some income in this economic situation to keep the people they have employed now," said NFIB's Bill Vernon. "If you raise taxes on them, you're denying income from the very people who will be making the decisions whether to hire more people."

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