On the recordDecember 13, 2012
I thank the gentleman for his comments. Of course, we have this discussion on a regular basis. I'm sure everybody in America looks forward to this discussion. Obviously, when the gentleman talks about small businesses, he is essentially talking about 3 percent of the small businesses in America, because 97 percent of the small businesses, those job creators of which the gentleman speaks, 97 percent of them make less and would be positively affected by the bill that affects those under $200,000 individually and $250,000 collectively. Of course, 100 percent of the small businesses would be assured--let's say they make $350,000--would be assured that the first $250,000 would not get a tax increase. So I tell the gentleman I am concerned about those small businesses, and small businesses will be included in the under $250,000 and under $200,000 as well. One hundred percent of America, no matter how much they make, would have the assurance that the first $250,000, or $200,000 if they are individuals and not families, that they would not get any tax increase. The gentleman, particularly in the election cycle of 2010, talked a lot about--and I agreed with him--about bringing confidence, certainty of what the tax structure and what the rules would be.…





