What I do know is that if you claim to be a champion of small business, first “Do no harm.” A champion of small business would not demonize or denigrate us. He wouldn’t kill our enthusiasm or motivation by saying “You Didn’t Build That.” Who would want to work for a boss like that? That’s verbal abuse. This is akin to a husband beating his wife, then claiming to be "the husband of the year."
Obama has created a "Hostile Work Environment" and now he's taking credit for saving us. Now that's audacity. The only person we need protecting from is...Obama.
Life isn’t just about money, or profits. How you feel, how you’re treated, whether you like to get up in the morning, is more important than money. Obama has destroyed the enthusiasm of small business owners. Obama’s verbal abuse and “hostile work environment” has killed our will to do more. Why would anyone work harder, or take more financial risk, for someone so negative and unappreciative? Hence the horrible Obama economy and miserable unemployment numbers. Don’t expect any improvement until Obama is gone.
Now to those 18 small business tax cuts that Obama claimed. I did a little research. They are small; obscure; most were renewals of tax breaks from previous administrations; many have already expired; and worst of all- Obama double counted them. Any time a tax cut was renewed, Obama counted that as two tax breaks. The lawyer’s lips are moving again.
The real story of small business under Obama is tax raises. Coming this January, Obama will unleash a torrent of punishing taxes on small business. We face the most massive income tax increase in history (remember we file taxes as individuals). We face the greatest expansion of big government in history with Obamacare. We face massive Obamacare tax increases on income, Medicare taxes, the sale of our business, the sale of stocks, the sale of our homes. We face onerous Obamacare mandates.
And that’s all just a start. Based on the mountains of debt Obama has already created, and the mountains of spending he promises in the coming years, we can expect many more massive tax increases on income, capital gains, a national VAT tax (sales tax), removal of legal tax deductions, and worst of all- an attempt to remove the cap on FICA (Social Security) taxes. If this came to pass, I’d lose my businesses. This small businessman cannot survive another 4 more years of Obama.
I have a message for President Obama. Mr. President, please stop "saving" us. We can't take it anymore.
And I have a message for small business owners. We need to sue. It's time for all small businesses to file a class-action lawsuit against President Obama and the federal government for creating a "Hostile Work Environment" that terrorizes us and prevents us from earning a living. Now that's a message even a lawyer can understand!