Tax Hearing Becomes Health Care Haggle

Apr 19th, 2010 | By Dawn Rivers | Category: Podcasts

Did everybody get their taxes (or their requests for extensions) in on time?

Naturally, since April 15th was last week, you knew there was going to be something about everybody’s least favorite civic chore in the week’s microbusiness news, didn’t you?

I didn’t have the space in the Microbusiness News Briefs to do last week’s House Small Business Committee hearing full justice, to own the truth. Everything from Vern Buchanan’s concern about those unfortunate souls earning in excess of $250,000 in annual adjusted income to Roscoe Bartlett’s rather bizarre theory that taxing business income hurts poor people was on display.

You really just can’t make this stuff up.

That’s one of my ongoing frustrations, the difficulty in covering an event that has all kinds of complex background information attached to it. Inevitably, you have to leave things out, whether you want to or not.

(That’s also what makes The MicroEnterprise Journal a much more valuable source of information when it comes to delivering the microbusiness news.)

All of that said, the health care haggling that took over last week’s hearing on small business and taxes before the House Small Business Committee was worth the attention it got. Clearly, Congressional Republicans are on the warpath, managing to mar even the legendary bipartisan harmony on this Committee.

Also this week, an interesting hearing on minority-owned firms and access to capital (or lack thereof) and, as always, this week’s Policy Matters column.

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