Business Counterpoint to Claims that Middle Class Tax Cuts Without High-End Tax Cuts Will Kill Jobs

Press Availability – December 2, 2010
Contact: Bob Keener, bobkeener@businessforsharedprosperity.org, 617-610-6766

Business Counterpoint to Claims that Extending Middle Class Tax Cuts Without Including High-End Tax Cuts Will Hurt Small Business, Kill Jobs

Margot Dorfman, CEO, U.S. Women’s Chamber of Commerce (more than 500,000 members):
“Extending middle-class tax cuts while ending extra tax cuts for the top 2 percent won’t kill jobs. The only thing trickling down on small business from the high-end tax cuts is the crocodile tears of those who use small business as camouflage for more self-serving tax cuts to avoid paying their fair share. Wealthy lobbyists, politicians, hedge fund managers and big business CEOs should stop hiding behind small business to push policies that line their pockets while hurting small businesses and hurting America.”

Jim Kelly, Founder, Rejuvenation Inc., Portland, OR (170 employees):
“There is no economic justification for not having high-income earners paying the slightly higher marginal rates. I grew my 33-year-old business profitably and without trouble paying the higher marginal rate for years, and creating jobs each and every year. To claim that without the tax cuts small business owners in the top tax bracket would be unable or unlikely to create jobs is absurd.”

Lew Prince, Managing Partner, Vintage Vinyl, St. Louis, MO (24 employees):
“Expecting high-end tax cuts to trickle down as job creation is about as reasonable as pouring gasoline on your hood and expecting it to fuel your engine. I’ve run a small business for more than 30 years. My tax rate doesn’t effect hiring. If I think I can do more business, my company will hire more workers. The costs of finding, hiring and paying new employees are business expenses. They’re deducted up front from our taxable income.”

Brian Setzler, President and Founder of TriLibrium in Portland, OR:
“As a certified public accountant and business owner, I know the impact of taxes up close and personal. And the claim that ending Bush-era tax cuts on income over a quarter of a million dollars will hurt the economy, reduce employment and burden small businesses is patently false.”

Frank Knapp, President and CEO of The South Carolina Small Business Chamber of Commerce:
“Almost all real small business owners are middle-class Americans with middle-class incomes, and that’s who we need to help create the new jobs to lift the country out of this down economy.”

Other Business Organization Leadership Available for Comment Include, for example:

• American Made Alliance
• American Sustainable Business Council
• National Latino Farmers and Ranchers Trade Association
• Main Street Alliance
• New Voice of Business
• Atlanta Women in Business

Other business owners and operators from across the country are available for comment, including, for example:

• David Brown, Founder, Reynolds & Brown, Concord, CA
• Kate Amon, Owner, Kate's Caring Gifts, Fremont, CA
• Vincent Siciliano, CEO, New Resource Bank, Millbrae, CA
• Gary Gerber, CEO, Sun Light & Power, Occidental, CA
• Daniel Turner, President and CEO, TCG, Washington, DC
• Mike Englert, Principal & Business Manager, Eighty2degrees LLC, Washington, DC
• James Colen, Managing Member, Golden Anchor Trading, Plantation, FL
• Marie Dambrosio, Chapter President, Atlanta Holistic Chamber of Commerce, Smyrna, GA
• Bill Flynn, CEO, Paeon Partners, Chicago, IL
• Scott Pfeiffer, Partner, Threshold Acoustics LLC, Downers Grove, IL
• James Jachimiak, Owner, Square Deal Contracting, Franklin, IN
• Camille Moran, Owner/CEO, Caramor Industries, LLC, Natchitoches, LA
• Dean Cycon, CEO, Dean's Beans Organic Coffee Company and Republican National Committee Massachusetts Small Businessman of the Year , Orange, MA
• Susan Labandibar, President and CEO, Tech Networks of Boston, South Boston, MA
• David Stirling, President, Stirling/Brown Architects, Inc., Winchester, MA
• Jack Kinstlinger, Chairman Emeritus, KCI Technologies, Baltimore, MD
• Alan Gregerman, President, Venture Works Inc., Silver Spring, MD
• Christine Armstrong, President, Armstrong Studio, White Hall, MD
• Wesley Rothermel, Owner, Wesley Rothermel, CPA, Belfast, ME
• Susan Edgington, Partner/co owner, Adventure Inn of Ely, Inc, Ely, MN
• Kathleen Lauwagie, President, Natural Pest Products Store, Maplewood, MN
• Ben Collins, Owner, Salins Group, Charlotte, NC
• Dan Pike, Principal Owner, Architectural School Equipment, Rollisnford, NH
• Edward Poplawski, President, EPRE, Inc., Red Bank, NJ
• David Pease, Owner, Pease Accounting Services, Santa Fe, NM
• Richard Sprout, Owner, Two Rivers Bookstore, Binghamton, NY
• David Bolotsky, CEO, UncommonGoods, Brooklyn, NY
• Ajax Greene, Founder/CEO, On Belay Business Advisors Inc, Gardiner, NY
• Stephan Cotton, Principal, Cotton Consulting LLC, New York, NY
• John McColgan, General Contractor/Innkeeper, Belle Pepper's Bed & Breakfast, Joseph, OR
• Arthur Bousel, President, Lawyer-2-Lawyer Career Management, Philadelphia, PA
• Joseph Magid, President, Gryphon Systems, Inc., Wynnewood, PA
• Gregg Jocoy, Owner, Clips By Fax, Simpsonville, SC
• Karen Cummings, Partner, Cummings Ranch and Construction, Gatesville, TX
• Clarke Comollo, Owner, Comollo Antiques, East Dorset, VT
• Gary Lemke, Owner, Gary L. Lemke Landscaping, Potter, WI
And many more in addition to those quoted above.

For more comprehensive counterpoint, see the report by Business for Shared Prosperity, The Business Case for Letting High-End Tax Cuts Expire.

For growing list of signers on Business for Shared Prosperity’s petition to restore the top tax rates and invest in infrastructure and job creation visit www.businessforsharedprosperity.org.

Contact: Bob Keener, bobkeener@businessforsharedprosperity.org, 617-610-6766.

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