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As the election nears, details on President Obama and Mitt Romney stance on small business
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President Obama and Mitt Romney debated who would best help small business owners as president.
Obama wants to allow the bush tax cuts to expire for families making more than 250000.
Dollars a year.
-- that would raise taxes on just 3% of small business owners and he talked up his tax cuts for entrepreneur -- Cut taxes for small businesses were the drivers and engines of growth we've got an eighteen times.
I wanna continue.
Those tax cuts.
For middle.
Class families and for small businesses.
Governor Romney argued for his plan to reduce tax rates by 20%.
-- all taxpayers including owners of small company.
I want to met get America's economy going again.
54%.
Of America's workers work in businesses.
That are taxed as individuals.
So when you bring those rates down those small businesses are able to keep more money and hire more people.
-- small companies as a top priority for both candidates as they account for creating about two thirds of all new jobs.
That's it for this edition of the small business report I'm Peter Barnes Fox Business Network.
