Do the Democrats & Obama Really Support Small Business?

How many times have you heard something along the lines of...."we support America's small businesses....small business is the driver of job growth in America and we want to jump start small business owners...yadda, yadda, yadda".

Well, I guess Obama and the Democrats support small businesses, just not very good ones. It looks like Obama and his "progressive pals" want to raise taxes on the top 2% of wage earners in the United States to pay for his profligate spending. Well, guess who make up the vast majority of the top 2% of tax filers....you guessed it, small business owners. So Obama supports small businesses, just not businesses that make a lot of money. Those need to be punished through increased taxes. I am not sure why. I guess they took more than their share so the small business that are very successful need to be taxed so they are not so successful. Obama supports small businesses as long as they don't make much money - not sure why that is. I wonder if, when Obama needs a plummer, he calls a mediocre one, a firm that is teetering on bankruptcy versus a very successful, value adding company.

So the administration wants to help create jobs through small businesses by taxing them more. How does that work? I am a successful small business owner, my tax filing is reflective of the earnings from my business. Due to the increase in taxes, I will now have LESS money left after I pay Uncle Sam. How am I going to invest in my business (which is the only reason I hire more employees) with less money in my account? Why would I risk my capital only to have my returns dampened by increased taxes?

Just how obvious that no one in the Administration has ever run or owned a business? News Flash to Obama!! I am not going to hire new employees just to "create jobs". I am going to create new jobs to increase the financial performance of my business. Second News Flash!! Increasing my taxes will not increase returns on my investments in my business. I cannot believe that concepts this simplistic escape all the Ivy League diplomas hanging in the offices of this Administration. I guess Community Organizations and the organizers who run them never had to read and income statement or deliver a return on capital. That's a shame, and an expensive one for those of us who have.