Obama Tax Rebates A “Bait and Switch”
The AP decided today to fact-check one of the Obama administration’s favorite claims — that they have passed so many tax cuts that Tea Partiers should be rallying to thank him. The White House unveiled a small business tax credit this week, as part of the ObamaCare bill, that they claimed would stimulate job creation. However, as the AP discovers, it may actually hinder both job creation and salary growth:…
Edit: I had “tax cuts” in the title. Really this administration is peddling “tax rebates.” They are two different things. 1 works. 1 doesn’t.