June 23, 2011

Dumb and dumber - Timothy Geithner

A few days ago he said: Geithner: We Need ‘Revenue Increases;' Cutting Deficit by Spending Cuts Alone 'Irresponsible' Today, he is still blathering on. From CNS News:
Geithner: Taxes on ‘Small Business’ Must Rise So Government Doesn’t ‘Shrink’
Treasury Secretary Timothy Geithner told the House Small Business Committee on Wednesday that the Obama administration believes taxes on small business must increase so the administration does not have to “shrink the overall size of government programs.”

The administration’s plan to raise the tax rate on small businesses is part of its plan to raise taxes on all Americans who make more than $250,000 per year—including businesses that file taxes the same way individuals and families do.
Clueless... Posted by DaveH at June 23, 2011 5:53 PM
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