Small Businesses Need Tax Certainty, Not Higher Taxes
John Kane is a North Carolina leader of the Job Creators Alliance. He is also chairman and CEO of Kane Realty Corporation, a leading East Coast property development company.
These are tough times. Millions of Americans—23 million, to be more precise—are struggling with unemployment or underemployment. This is probably why the economy and unemployment are the “Most Important Problems” ranked No. 1 and No. 2 for Americans. And during this election season, we’ve heard a lot about these issues. Politicians love to extol the virtues of small business and praise the entrepreneurs who take risks to create jobs.
Yet, in an act of either sheer political posturing or willful suspension of disbelief, there are those in our political class who would like to raise taxes on the very small business owners that are recognized as the solution to our nation’s job crisis.
[See a collection of political cartoons on the economy.]
If there was ever a time that raising taxes on anyone—much less on job creators and small business owners—was a profoundly bad idea, it is now. With our anemic economic recovery sputtering along and
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