CNN Money has an article which quotes Barack Obama on small business: “I will provide self-employed small business owners a $500 tax credit to offset their self-employed tax”.
Now how nuts is that, keep a tax but give a rebate! Just eliminate or reduce the tax so you don’t pay the $500 in the first place. Of course the answer is that he really doesn’t want to end the income stream, just make you feel good today. Tomorrow, when he doesn’t need your vote the tax is back.
We think the politicians are nuts because they think we don’t understand and will buy that line of nonsense.
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