Geithner says GOP wrong, ending tax cuts for wealthy won’t hurt small business

Senate Republicans held a news conference Wednesday afternoon with a trio of small-business owners to blast the Obama administration’s plan to allow Bush-era tax cuts for the wealthiest 2 percent of Americans to expire at the end of the year, while extending only those that apply to middle-class families. They argued that more than half of all small-business income would be hit by the increase, potentially imperiling businesses that employ as many as 30 million workers.

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3d rendering of a row of luxury townhouses along a street

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