{"id":2514,"date":"2009-07-15T12:11:17","date_gmt":"2009-07-15T16:11:17","guid":{"rendered":"http:\/\/www.jasetaro.com\/blog\/?p=2514"},"modified":"2009-07-15T13:08:22","modified_gmt":"2009-07-15T17:08:22","slug":"steny-hoyer-idiot","status":"publish","type":"post","link":"https:\/\/www.jasetaro.com\/blog\/2009\/07\/15\/steny-hoyer-idiot\/","title":{"rendered":"Steny Hoyer: Idiot"},"content":{"rendered":"

From CNSNews.com<\/a> (emphasis mine):<\/p>\n

House Majority Leader Steny Hoyer (D-Md.) said that job growth and economic recovery would not be harmed by a Democratic plan to increase\u00a0income taxes by $540 billion\u00a0to pay for their health-care\u00a0reform proposal\u00a0because the tax hikes would not affect small businesses.<\/p>\n

Hoyer also said he could not think of any small business owners who make enough money to qualify for the higher taxes.<\/p>\n

Speaking at his weekly press briefing on Tuesday, Hoyer said that the proposed tax was merely a surcharge on wealthy individuals, explaining that the tax increases were graduated.<\/p>\n

\u201cThis is a surcharge,\u201d Hoyer said, \u201con people making over $280,000 as an individual, $350,000 [per year] as a couple and it\u2019s graduated, it goes up as you reach $1 million in income.\u201d<\/p>\n

Asked by CNSNews.com whether such a tax increase would affect small businesses and job creation during a recession, Hoyer said: \u201cI don\u2019t know many small business men or women who are making, themselves $280,000 [per year], so I\u2019m not sure that very many small businesses are going to be affected by this.<\/em>\u201d<\/p><\/blockquote>\n

With all due respect Congressman you’re wrong. I’d suggest you take a look at the Small Business Administration’s Size Standards which defines<\/a> small business as follows:<\/p>\n

A small business is an concern that is organized for profit, with a place of business in the United States, and which operates primarily within the United States or makes a significant contribution to the U.S.\u00a0economy through payment of taxes or use of American products, materials or labor.\u00a0 Further, the concern cannot be dominant in its field, on a national basis.\u00a0 Finally, the concern must meet the numerical small business size standard for its industry.\u00a0 SBA has established a size standard for most industries in the U.S.\u00a0economy.\u00a0 The most common size standards are as follow:<\/p>\n