The House is scheduled to vote this week on a small-business tax cut bill offered up by Republicans. It's just the latest piece of legislation to focus on small businesses, which are widely praised in the political discourse as engines of job creation. The adoration is nearly universal — and it reflects something beyond economic reality.
"Small businesses create 2 out of every 3 jobs in this economy, so our recovery depends on them," President Obama said in 2012 at a New Jersey sandwich shop where he met with small-business owners.
Can I give you a word I love that you just don't hear anymore?
It used to be that all kinds of stuff was described as "zany," but it seems to have mostly gone out for fancier words like "dysfunctional."
Now, I bring this up because most sports franchises are pretty standard issue. Oh, some are rich, some poor, some win, some lose, but only one currently, to my mind, descends to the dear old level of zany. That is the Miami Marlins, formerly the Florida Marlins, or, now, as I like to call them, given their location in Little Havana, Los Zany-os.
More than 99 million federal taxpayers had filed their returns as of Tuesday, with more than 80 million of those expecting a refund.
People who file at the last minute — and Tuesday is this year's deadline — are somewhat more likely to owe money to the government. And if Congress and the president don't act, next year could see many more Americans paying higher taxes.
That's not because either President Obama or presumptive Republican challenger Mitt Romney advocate a tax increase for most Americans.