Raising taxes on anyone in this economy is a bad idea. Yet, the Democrat-controlled Senate voted today to increase taxes on America's job creators and small business owners.
The House will vote next week to stop this tax hike.
Following the Senate vote, Majority Leader Cantor made the following comments:
Our nation's small businesses desperately need the economy to bounce back. Raising taxes will make any hope of recovery even dimmer than it is today. While the President and Senate Democrats push for a massive tax hike on small businesses, the House will vote to stop the tax hike next week.
We know small businessmen and women do build their businesses and we are acting to give them more certainty and opportunity to grow again.