Chellie Pingree: “I am not in favor of a bill that would give tax cuts to the wealthy because it doesn't do anything to help my employees…”

“I am not in favor of a bill that would give tax cuts to the wealthy because it doesn't do anything to help my employees or my business. And that, in fact, is what he is concerned about. You know, employers need customers, which are those employees, and that is why we consider it so critical to make sure that we do something to benefit those people who will be purchasing. Just one other comment that I had in my notes here today from a small business owner in Lincoln, Nebraska. People talk about the $250,000 without talking about that as net profit. Here is how he described it: A lot of people don't understand how small business works. We reinvest in our business. We try to minimize the amount of taxable income we have. I went out and bought an $80,000 piece of equipment. I did it so I could reduce my taxes.”