Income Inequality

"Nonpartisan" Front Group Fighting Against Taxing the Rich

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Mitt Romney claims that getting rid of the Bush tax cuts, that provide cuts for the richest people, would hurt mom-and-pop companies that are taxed on their profits as individuals. The Nation Federation of Independent Businesses, a small business advocacy group that claims to be nonpartisan, supports this claim and is lobbying for continuation of the tax cuts. However, only 3 percent of small businesses actually earn enough money to qualify for the minimum income requirements that would be affected by Obama’s new tax plan.

Read it at Mother Jones


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1 comments on ""Nonpartisan" Front Group Fighting Against Taxing the Rich"

Factkneader

July 23, 2012 1:22pm

Mitt Romney's name is continually misspelled -- it's actually Romoney!