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The share of income that small business people are paying…

“The share of income that small business people are paying in taxes is the lowest it has been in 65 years - since Obama has cut taxes 18 or 22 times for small business.” quote by Austan Goolsbee
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“The share of income that small business people are paying in taxes is the lowest it has been in 65 years - since Obama has cut taxes 18 or 22 times for small business.”

Austan Goolsbee

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Tax burden on small businesses has fallen to its lowest level in 65 years, partly due to multiple tax cuts under Obama.

In simple terms: Small business taxes are at a historic low.

Key Takeaway

Advocate for fair tax policy.

Themes

taxation small business policy economics

Mood

critical analytical

Type

policy economic

When to use this quote

  • business planning
  • political advocacy
  • tax reform
  • financial forecasting

Key Concepts

fiscal policy tax incidence economic inequality

Questions to Reflect On

  • How do low taxes affect small business growth?
  • What are the trade‑offs of reduced tax revenue?
A Different Perspective

Tax cuts may reduce revenue for public services.

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