Lets Let John Go News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Do we want people lying in bed making money? the answer is no, we shouldn't be doing it. >> brenda: john? >> and how far have we gone to becoming a european entitlement nation now? recently the world bank told the spanish government that their employees are on vacation and they get sick, they have to get granted more vacation. >> whoa. >> and viva, viva-- >> and quite a policy when you have people out there pounding the pavement, and the kenard in your earlier point, those people not in bed or taking smoking cessation courses might work a part-time job that might end in a full-time job. >> and...

Let tax cuts expire for americans making over $250,000. it was issue number one in his weekly internet address. ohio senator rob portman delivered the g.o.p. message. >> 98% of american families won't see their income taxes go up at all, but the other 2% of americans will have to pay a little more on taxes on anything they make over $250,000. >> raising taxes on jobs creators during a job shortage makes as much sense cutting off a water supply during a drought. >> tough times for america, stay tuned to fox where the news on the campaign trail today. i'm jamie colby, we'll send you back to bull...

The decision by businesses is made on profits, period. not taxes. how can i make more money. if i hire this man or woman, will that help increase my profits. >> brenda: don't taxes take off from your profits? they erode your margins, don't they? >> or, hey-- >> 4%. >> it's just not 4%, steve, it's state plus federal. in your area it's d.c., adds up to 8 or 9% and that's cash money, and-- >> these are the clinton tax rates, we have under clinton, it's not the taxes. >> brenda: let's let john go ahead. >> as a small business owner who isn't a political consultant, i can say that most small busin...

John, you're a small business owner, but the president says that the tax hike that he wants for those making more than 250,000 will only affect a very small percent of small businesses. so, no big deal, huh? >> this is a big deal, brenda and really, what the president doesn't tell you in that is that the small percentage of companies that are generating most of the production and consumption from their employees, so, it's very uncertainly for the smaller businesses to not know what their health care costs are going into next year and also, possibly be saving a looming tax and increasing expens...

Are, who should be hiring in america? >> with well, brenda it's not good. let's get where the obama tax hits. >> it hits 3% of the small businesses that are doing the bulk of the hiring, making the bulk of the revenue and pay the bulk of taxes and hits them scarily as john alludes to. so, they have the taxes going up on the quote, unquote rich. you have the obama health care taxes and by the way, captain gains taxes are going up. wait a second, is it worth it to me to hire the people and buy the equipment. i'm sure he's buying big turbines, stuff like that, but small businesses do that, but le...