Summary
This quote argues that increasing taxes on small businesses will have a negative impact on job creation. It implies that by raising the tax rate from 35% to 40%, the increased tax burden imposed on small businesses would limit their ability to invest, expand, or retain employees. The underlying idea is that higher taxes decrease the potential profitability of businesses, reducing their capacity to hire or retain workers, ultimately harming job growth.
Topics
Business
By Mitt Romney
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