I am the son of a small businessman -- my dad worked for 20 years as a butcher to save up enough money to eventually start his own butcher store.
I am also the grandson of a small businessman. My grandfather (an immigrant), spent 20 years working as a butcher to eventually save up the money to start his own butcher store. Several of my uncles were given money by my grandfather to immigrate to America and they too eventually started their own butcher stores -- after years of hard work and sacrifice.
We built our own businesses. We never had help from government. Government didn’t put up the risk money to start our businesses. Government wasn’t by our side when we worked 16-hour days. Government had nothing to do with the marketing and advertising of our businesses. Government didn't help us land clients. WE WERE THE ONLY ONES WHO BUILT THOSE BUSINESSES.
Yet here was President Obama in front of the nation...the man who has demonized business owners for 4 years…the man who has threatened us with onerous new taxes for 4 years…claiming on national TV that he’s “the champion of small business.” And claiming to have given us 18 tax cuts.
What tax cuts? I have never heard of any Obama tax cuts for small business. Since I own multiple small businesses, isn’t that strange?
What I do know is that if you claim to be a champion of small business, first “do no harm.” A champion of small business would not demonize or denigrate us. He wouldn’t kill our enthusiasm or motivation by saying “You Didn’t Build That.” Who would want to work for a boss like that?That’s verbal abuse. Some employees in this litigious society might sue a boss like that for creating a “hostile work environment.” Could that man possibly claim to be a “champion of small business?” Only if he’s a lawyer and his lips are moving.
Life isn’t just about money, or profits. How you feel, how you’re treated, whether you like to get up in the morning, is more important than money. Obama has destroyed the enthusiasm of small business owners.
Obama’s verbal abuse and “hostile work environment” has killed our will to do more. Why would anyone work harder, or take more financial risk, for someone so negative and unappreciative? Hence the horrible Obama economy and miserable unemployment numbers. Don’t expect any improvement until Obama is gone.
Now to those 18 small business tax cuts that Obama claimed. I did a little research. They are small; obscure; most were renewals of tax breaks from previous administrations; many have already expired; and worst of all- Obama double counted them. Any time a tax cut was renewed, Obama counted that as two tax breaks. The lawyer’s lips are moving again.
The real story of small business under Obama is tax raises. Coming this January, Obama will unleash a torrent of punishing taxes on small business. We face the most massive income tax increase in history (remember we file taxes as individuals). We face the greatest expansion of big government in history with ObamaCare. We face massive ObamaCare tax increases on income, Medicare taxes, the sale of our business, the sale of stocks, the sale of our homes. We face onerous ObamaCare mandates.
And that’s all just a start. Based on the mountains of debt Obama has already created, and the mountains of spending he promises in the coming years, we can expect many more massive tax increases on income, capital gains, a national VAT tax (sales tax), removal of legal tax deductions, and worst of all -- an attempt to remove the cap on FICA (Social Security) taxes. If this comes to pass, I’ll lose my businesses. This small businessman cannot survive another 4 more years of Obama.
What would you call a person doing that kind of damage to small business, who calls himself a “champion of small business?”
Liar.
