Small Business Owners Will Get a Tax Increase January 1 Thanks to Obama and Pelosi

Small business owners, those job creators, are going to pay more in taxes on January 1. Nancy Pelosi and other Democrats met with Obama yesterday, and there will be no extension of the Bush tax cuts for the people Democrats call wealthy.

Now, it's important to note who the Dems call wealthy. It's people who are making $200,000 (single) and $250,000 (married), which forces many small business owners into the tax increases on January 1. Now, small businesses aren't creating jobs and they are worried about what future government regulations mean to their small businesses in the coming months, so what we have just discovered is the Democrats led by Pelosi, Obama, and Reid don't care about creating jobs, or they would allow across the board tax cuts.

What they do care about is winning elections. They believe extending the middle-class tax cuts will keep you happy, that is until the small business you work for has to cut you to make up for the increase in taxes.