State of Arkansas Archives: on Corporations


John Boozman: Tax cuts for higher income helps small business owners

The two disagreed over the tax cuts that were instituted under former President George W. Bush, with Lincoln calling for extending the cuts for low to moderate income taxpayers.

Lincoln, however, said that extending the tax cuts for the wealthy should only be done if it can be paid for. "The ultrawealthy, I do not think should receive that tax cut unless it is paid for in a responsible way, and that's an important thing we have Boozman said he supports extending all of the tax cuts and said that not extending them for the higher income taxpayers would hurt small business owners. "The last thing we need to do in this economy is raise expenses on small businesses, especially on small businesses that are making money," Boozman said. "That makes no sense at all."

Source: Associated Press coverage of 2010 Arkansas Senate debate Sep 10, 2010

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