LaFaive: Obama Didn't Go Far Enough on Tax Cuts

President Obama's call to provide tax relief for some, but not all, job providers was a "mixed bag," according to Michael LaFaive, director of the Mackinac Center's Morey Fiscal Policy Initiative. Obama talked during last night's State of the Union address about eliminating the capital gains tax on small businesses.

"It seems like he's treating businesses like circus poodles where if they jump through the hoop set up by the federal government, they get a biscuit and maybe a pat on the head," LaFaive told The Saginaw News.

LaFaive said tax cuts should apply across the board, regardless of a company's size.

"This discriminatory behavior is designed to reward those that will advance their agenda politically and as a bonus the nation might get a few more jobs," LaFaive added.

LaFaive also discussed the president's speech yesterday.