Feel nauseous? Got headaches and fatigue? You’re in good company. A majority of small-business owners have the same flu-like symptoms.
But the flu-bug hasn’t bitten you. You’ve got a bad case of “Washington-itis,” a condition of over-exposure to empty political promises and campaign attack ads.
Unfortunately, before you can recover you’re likely to have a relapse caused by “Fiscal-Cliffism,” an illness resulting from excessive public-policy “news” and analysis.
Make no mistake; these conditions are serious. They can demoralize and weaken the healthiest small businesses unless immediate steps are taken to prevent dangerous reversals of cash flow that could be triggered Jan. 1 by the expiration of vital tax breaks.
Washington-itis is also spread by the failure of policymakers to perform simple math. For example, not calculating that raising the top two tax rates will, over time, prevent the creation of 710,000 new jobs. Or not believing predictions from tax experts that such revenue hikes will shrink our economy by 1.3 percent.
Even Capitol Hill’s own Congressional Budget Office supports common-sense efforts to avoid across-the-board tax increases. Doing so would give the economy a much-needed 1.4 percent remedy and add–repeat add–nearly 2 million jobs in 2013.
The election is over, the campaigns have shut down and control of our televisions has been returned. Now’s the time put politics aside and lead the nation back to fiscal safety.
Our leaders in Washington, D.C. need not do any guesswork to figure out which business sector can create the jobs necessary to lower unemployment and avoid another recession. And there’s only one way to do that: guarantee that no small-business owner will pay higher taxes than the corporations whose CEOs were recently warmly greeted by the president.
In short, there is a cure for Washington-it is: YOU.
Today, before you do anything else, send an e-mail, tweet or call your U.S. senators and members of Congress—regardless of political party—and convince them that these Fiscal Cliff tax increases must be avoided.
Share this important letter with key details they need to know.
Maybe they’ve forgotten or are unaware that other new taxes already scheduled under the president’s health law are about to go into effect. And perhaps they don’t realize that more than 4,000 new regulations that will also stifle your business are in the government pipeline.
Be sure this message gets through before the final Lame Duck session votes are cast. The health and survival of your small business hangs in the balance.