Senator suggests raising Tax Cut Ceiling to 1 Million



US Senator Chuck Schumer (D NY)

Senator Schumer Suggests Raising Tax-Cut Ceiling From $250,000 to to 1 Million

Proving his ignorance about small business issues, Senate Finance Committee member Charles Schumer, D-N.Y., has suggested raising the bar on the extension of Bush-era tax cuts to families making more than $1 million a year from the Obama administration's proposed $250,000.

That compromise would take care of "virtually all small businesses," he said.


Do you want to tell him or should I?