Friday, July 13, 2012

Senate Republicans filibuster Small Business Jobs & Tax Relief Act

Ed Shultz reported on the Senate Republicans blocking a vote that would have created nearly 1,000,000 new jobs, 630,000 among small businesses. It would do so by providing a 10% tax credit to small businesses under $500,000 that add to their payroll and offering a 100% deduction on equipment purchases.Democrat Charles Schumer (D-NY) said: "If you're still unsure if the Republicans are holding back the economy on purpose to try to try and hurt the President, just look at this vote." With all the Republican talk about helping small businesses, is there really any other reasonable explanation than its just bullshit and they really could care less about small business or the middle class?

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