Treasury Secretary Timothy Geithner told the House Small Business Committee on Wednesday that the Obama administration believes taxes on small business must increase so the administration does not have to “shrink the overall size of government programs.” Now, small businesses create something like 64% of all new jobs in the US. Yet, he supports a tax policy that kills the "golden calve," which is the engine for overall economic growth in this country. In addition, our government has a spending problem that it must get under control, which I just don't see happening as long as you have someone like Geithner at the Treasury.
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