Re: “Don’t burden ‘rich’ small businesses” (letter, 7-28).
I disagree with the points made by the letter writer regarding “taxing the rich” if she is referring to President Obama’s desire to extend the Bush tax cuts for one more year for those earning less than $250,000.
This tax cut is on personal income and would only affect the taxes on that part of an individual’s income that was in excess of this amount. To support small business, Obama has many tax incentives in the American Jobs Act in addition to significant tax breaks already afforded them.
Major parts of the Affordable Care Act do not kick in until 2014, and holding down prices is one of the parts that generally has not taken effect yet. Already in effect is a law that says if insurance companies are not paying enough of their premiums in actual health care, they must send rebate checks to their customers to make up for the unfair prices they charged.
Www.whitehouse.gov has the facts on both the health care law and the jobs bill. Misinformation makes our ability to make good decisions very difficult. The people of our country have to take time to know the truth because we are being manipulated by some highly motivated, powerful people who are already taking away our personal freedoms and are doing everything possible to increase their own power and wealth.
It’s time to learn all you can, and speak out to stop this affront to us all.