Will Congress Say Bah Humbug To Small Businesses?
Small business owners have been expressing their hardships to their Congressional leaders, but whether those leaders are willing to spread some holiday cheer is still an open question.
Stay updated with breaking news from Tax Extender. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Small business owners have been expressing their hardships to their Congressional leaders, but whether those leaders are willing to spread some holiday cheer is still an open question.
Whether it is manufacturers, clothing designers, software developers, plant breeders, or engineers, businesses across New York are shocked at their federal income tax bill.
Bully pulpit. regular appropriation bill and the other is a supplemental bill that adds to current spending and the third one is continuing resolution. and if you don't do one of those three, you shut down the government. it is not as if most members saying we are going to do continue resolution, hopefully by then we will have something done. actually, i think it will happen by friday that maybe they will have a top line and come to agreement on the debt ceiling, on health care issues and on a disaster bill and there is a tax extender. >> if this happens, the good news is this whole guard rail...
The group that likes this and this is the dirty secret of obamacare. while people are lose coverage the health insurance industry loves obamacare. >> i wouldn't go that far. >> price waterhouse had a study that says as a result of obamacare by 2020 they anticipate health insurance company revenues will grow by $200 billion. look at the stock market. >> we have to move on. 55 new laws will kick in starting next year. a lot of them will increase the taxes. peter, start with you. $54 billion tax increase to americans. >> yeah. this is classic what happens in washington, d.c. both parties do it, u...
Tonight on nightly news with brian williams. right now the house of representatives is considering a proposed plan to extent the tax cut for 160 million working americans. several hours of debate the house will vote on the measure and it is expected to pass. but president obama is threatening to veto the plan if it also passes the senate which is unlikely. that is because of how it is paid for and what else it contains. democrats are accusing the republicans of playing politics. >> sadly mr. speaker, we are here once again with my republican colleagues who are trying to go through this tax ext...