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Blog Archive

Monday, September 13, 2010

postheadericon Congress should not allow small business owners to pay for overspending (Sen. Charles Grassley)

During the August recess, I heard the anxiety of small business owners all over Iowa.

Their anxiety comes from the bad economy and uncertainty over their tax rates and health care expenses.

Key tax decisions are down to the wire, and there’s good reason for concern.

In the next month, the Senate is expected to consider whether to prevent a number of tax increases that will occur on January 1, 2011, unless Congress acts to stop them.  One of the tax increases the President is proposing is an increase of the tax rates for the top two tax brackets.

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