1. Repealing Bush's Tax Cuts
(Paul J. Richards/Getty Images)
President Bush's tax cuts benefit small business owners who employ millions of Americans.
The fight over the expiring Bush tax cuts couldn't have come at a better time for Republicans. President Obama wants to raise taxes on individuals making more than $250,000 a year while leaving the middle class tax cuts intact. According to Congress's official tax scorekeeper, over 50 percent of those classified as "wealthy" are small business owners who employ millions of Americans, including many in the middle class. At a time of record unemployment, the Democratic Party is willing to place more economic burden on their backs through higher taxes instead of investing in their growth. Recently, Federal Reserve Chairman Ben Bernanke and leading Senate Democrats like Kent Conrad and Evan Bayh have said the last thing we should be doing in a recession is raising taxes, particularly on small businesses. [See who donated the most to Bayh's campaign.]
