To help small businesses thrive Lance advocates the "Small Business Assistance and Relief Act" -- proposed tax relief legislation to encourage job growth within small business, outsourcing (to save corporations money which would allow them to spend more locally), greater small businesses loans, an expansion of the Bush tax cuts, and a call for health care companies to nationalize as an alternative to universal health care, which he believes most small businesses can’t afford.
At the press conference Congressman Lance was joined by Jack Kasich, one of the owners of Robert Treat
Kasich and his family have been running the deli since 1972.
Here's Lenny's economic plan. Apparently his big idea is to let this deli owner take a one-year tax expense on a new meat slicer as opposed to amortizing it over a few years. Oh, and use repaid TARP funds to pay off the deficit. Yeah, that'll spike up sales of pastrami."Of all the recessions we’ve been through, this is the worst," Kasich said at the press conference. "It would have been hard to survive parts of it without saved money from when business was good."
The problem is DEMAND. We have a lot of people out of work leading to huge economic uncertainty, in addition to massive income inequity, soaring health care costs, and fast-declining retirement benefits.
Briefly: people ain't got the dough to buy sandwiches.
Put people to work by rebuilding our infrastructure, and finance it by stopping the 30-year tax holiday we've given to the rich. That's a plan.
Why don't we do this? Well...
Kasich spoke out against health care reform proposed in current draft legislation which would require all businesses, big and small, to provide health care to their employees.
Maybe Lance could have mentioned this to his host:"We don’t even provide health insurance through the company, not even for ourselves," Kasich said. "If a bill was passed requiring me to provide health insurance to employees I would go out of business."
Companies with fewer than 50 workers won't face penalties if they don't offer insurance. If you have 25 or fewer employees and a work force with an average pay of up to $40,000, you can get tax credits to help buy insurance: up to 35 percent of the cost of the premiums this year, rising to 50 percent in 2014. [Emphasis mine]I'd be amazed if this deli had more than 50 employees.
I feel for Kasich: he's being used by a right-wing shill and he doesn't know it. You'd think his congressman would clue him in to the facts about the health care bill, but apparently Lance doesn't think that's part of his job.