Friday, October 14, 2011

Tea Party Exposed - Against Small Business

The Tea Party stated in their newsletter today that "Small businesses have created more than 64 percent of all new jobs over the last 15 years, according to the Small Business Administration. Yet today they are unable to do so as a result of government regulations, taxes, and tight business credit."

But according to this article from Think Progress (and in a subsequent research of their sources) it seems that contrary to these claims, small businesses say taxes and regulation aren’t holding them back.

And in page 2 of this article from Mother Jones it asks, "Are American businesses paralyzed by fear of a tidal wave of new regulations?" (Read the whole article Rich People Create Jobs! and the 6 myths)

When McClatchy reporter Kevin Hall went out and asked small-business owners about this, he got a clear answer. "Absolutely, positively not," said one.

"Government regulations are not choking our business," said another.

In its most recent quarterly survey (PDF) of small-business trends, the National Federation of Independent Business reports that sales — i.e., lack of demand — is the #1 concern, beating out taxes, regulations, inflation, and everything else.

The Koch brothers Tea Party, in its early days, might have represented the wishes of the middle-class...until they were hijacked and financed by a large corporation. Now BIG BUSINESS is all they stand for.

Also read:

Millionaire Tax Plan Hurts Job Creators - DEBUNKED!

Will Eliminating Tax Cuts for the Rich Hurt Small Businesses?

The Tea Party Loved Medicare, before they Hated It

Tea Party's Health Care Compact

The Tea Party - Just Another Damn Corporation

Tea Party Radical Mike Pence - "Shut it down!"

1 comment:

  1. Tom Donahue, the chief exec at the U.S. Chamber of Commerce, pulled in $4.7 million last year. Not bad for someone who loudly labels public worker paychecks “over-bloated.” Donahue’s specialty at the Chamber: raising big-money donations for an organization the purports to represent small business. In 2010, new figures show, 88 percent of the Chamber’s dues-payers coughed up $100,000 or more, a rather stiff check for the average America ma-and-pa .