Long-Time Republican Constituent Schools Sen. Kelly Ayotte on Actual Impact of Tax Breaks for Wealthiest 2% during Pittsburg Town Hall
During Town Hall, U.S. Senator corrected by GOP tax accountant for misleading statements about impact of the Bush tax cuts for wealthiest 2%
Pittsburg, NH – In a Friday town hall meeting in Pittsburg, Senator Kelly Ayotte was corrected by a Republican constituent when she declared she wouldn’t end tax breaks for the wealthiest 2% because it will impact “small businesses.”
“There are a lot of people in here who in small business but I don’t think any of us in small businesses have a bottom line where we’re making over $250,000,” Wendall Woodard said. “It really won’t negatively affect these small businesses.”
Woodard, a tax accountant knew what he was talking about: according to several studies, the policy change would end the Bush-era tax cuts for businesses making over $250,000 a year and wouldn’t affect 97% of small businesses.
“The fact is that only between two and three percent of small businesses would see any increase at all and those businesses are making a profit of over $250,000 annually, “ said Taylor Coots, Lead Organizer for The Action NH/NHCA. “Sen. Ayotte seems eager to protect the wealthiest taxpayers – small business owners or not – at the expense of needed investments in things like education and infrastructure.”
Ayotte struggled to recover from the exchange; former state senator John Gallus ultimately tried to cover for Ayotte’s misstep.
ABOUT THE ACTION: The Action NH is a joint project of NH Citizens Alliance for Action and Granite State Progress, and part of a national grassroots movement that demands Congress end the Bush-era tax cuts for the richest 2%—those making more than $250,000 per year. The Action is for critical investments that create and sustain jobs.