Economic Adviser Goolsbee On Tax Cuts

Melissa Block talks with Austan Goolsbee, chairman of the White House Council of Economic Advisers, about how President Obama's tax proposal will affect small businesses and the effect the stimulus package has had on the economy. Goolsbee says 97 percent of small businesses would not see their taxes go up if the Bush tax cuts were to expire for people with income over $250,000. He also says all small businesses will benefit from other tax incentives in the president's small-business assistance bill.

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