Lamey-Wellehan Owner: Don't Extend Tax Cuts for Richest Americans

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AUBURN -- A local business owner on Wednesday urged the state's congressional delegation to let the Bush administration tax cuts for the wealthiest Americans expire at the end of the year.

Jim Wellehan, owner of the Lamey-Wellehan shoe stores, refuted arguments made by many Republicans and the U.S. Chamber of Commerce that eliminating the tax break for businesses with profits of more than $250,000 a year would hurt economic and job growth.

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Lamey-Wellehan Owner: Don't Extend Tax Cuts for Richest Americans

Wellehan, a member of the Maine Small Business Coalition, said the tax cuts had little impact on most small businesses like his because most don't make the $250,000...

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