In response to:

VIDEO: “Taxation Nation: Angelo’s Story”

zcruze Wrote: Jul 31, 2012 9:34 PM
I still own a business, I still have 10 employees, I plan on adding more. I don't personally make over $250,000 a year. I will not be affected by the tax hike. Sometimes it's hard, I agree to that, but the payoff is that it's rewarding. The idea of a "small" business shutting down because of a tax hike on individuals making over $250k is absurd. This ad from the same folks that say, "you have to work hard to succeed" - but them I'm also hearing, "if I don't get to personally make well-over $250,000 a year, without paying more takes (only on the amount over $250 no less ), I'll have to close up shop". I call shenanigans.

Today, House Majority Whip Kevin McCarthy (CA-22) released a new video highlighting the devastation President Obama’s proposed tax hike on small communities and businesses. The video features restaurant owner-operator Michael Passalacqua, of Washington, PA making his case against the proposed raises.

“My family has been in business for 73 years and I truly see us as a fabric of the community. This economy is just absolutely teetering and raising taxes on anybody at this particular time seems to me to be relatively foolish.”

House Majority Whip McCarthy, agrees with Mr. Passalacqua, and will be leading the...