Friday, June 24, 2011

Geithner Blurts Out the Truth

Investor's Business Daily reveals that Secretary of the Treasury Timothy Geithner told Rep. Renee Ellmers, R-N.C., that hiking taxes on small businesses is the only "alternative" that will allow "a balanced approach to reduce our fiscal deficits."

"If you don't touch revenues," Geithner said, "you have to shrink the overall size of government programs, things like education, to levels that we could not accept as a country."

Yet Democrats never give up hope they can raise taxes, and this particular Democrat wants to slap higher rates on small business. This is an especially poor choice. Small businesses are America's jobs engine....

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