The Targets of Washington Democrats’ Tax Hike – Small BusinessesSmall businesses all across America are protesting Washington Democrats’ plan to increase taxes. In a recent letter to members of Congress these employers wrote: “Some policy makers propose extending only some of the current tax rates, arguing that only a handful of businesses would be affected if the top two tax rates are increased. They also claim that many of these firms are not ‘real’ businesses and therefore not worthy of consideration. These arguments are unfounded…[A] survey of small business owners found that businesses most likely to pay the top rates employ over 25 percent of the total workforce. With unemployment near 10 percent, subjecting employers accounting for such a large portion of the workforce with a substantial tax hike is risky and harmful to the recovery.” Just who are these small businesses? Answer: Manufacturers, restaurants, retailers, contractors, insurance agents, farmers and the list goes on and on. Here is a complete list of employers signing the letter. Air Conditioning Contractors of America ### |