Keeping the tax rates where they are means millionaires and billionaires continue to get a bonus... Half of the businesses in this country, the small businesses, gross less than $25,000. That is a fact. So for us to just kind of continue business as usual and keep these tax rates where they are for the millionaire and billionaire club--that didn't help us the last 3 years. The fact is, right now they have those tax breaks. Right today, they have those. They had them last year. They had them the year before. And what happened to this economy? It crashed and burned almost to the ground. What has happened to the millionaire and billionaire club? They have more money in their bank accounts today than ever before.
Editor's note · Context
Speaker addresses the impact of tax rates on small businesses and the wealthy.
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