There are a lot of awful provisions in Speaker Pelosi\u2019s 1,990 page stab at health care \u201creform.\u201d\u00a0 For millions of small businesses across the country, a 5.4 percent surtax is high on the list of undesirable provisions.<\/p>\n
The Congressional Joint Committee on Taxation (JCT) released an estimate<\/span><\/a> that determined one-third of small businesses will be hit with the new 5.4 percent surtax.\u00a0 Roughly speaking, small businesses can look forward to forking over another $150 billion next year in new taxes to feed Washington’s spending binge.<\/p>\n The lesson: Small businesses must trust<\/em> Congress.\u00a0 Only Congress knows that the best way to bring down a 10.2 percent unemployment rate is to tax small businesses, raise utility rates through Cap-and-Trade legislation, take over $2 trillion from the private sector through taxes and determine corporate pay scales\u2026 Congress knows best.<\/p>\n Here<\/span><\/a> is the JCT cost estimate.\u00a0 To read more on health care, click here<\/span><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" There are a lot of awful provisions in Speaker Pelosi\u2019s 1,990 page stab at health care \u201creform.\u201d\u00a0 For millions of small businesses across the country, a 5.4 percent surtax is high on the list of undesirable provisions. The Congressional Joint Committee on Taxation (JCT) released an estimate that determined one-third of small businesses will be […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25,84,12,36,448,449,71],"class_list":["post-1883","post","type-post","status-publish","format-standard","hentry","category-posts","tag-cap-and-trade","tag-congress","tag-health-care","tag-pelosi","tag-small-businesses","tag-surtax","tag-taxes"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=1883"}],"version-history":[{"count":3,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1883\/revisions"}],"predecessor-version":[{"id":1889,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/1883\/revisions\/1889"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=1883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=1883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=1883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}