Huffpost Small Business

President Obama: I've Cut Taxes On Small Business 18 Times In Last 4 Years

Posted: Updated:
President Barack Obama, center, talks with patrons during his visit to Ossorio Bakery and Cafe, Sunday, Sept. 9, 2012, in Cocoa, Fla. Couples sitting with Obama are from left to right, Jan Clark, Jerry Clark, John Hill, and Shirley Hill. (AP Photo/Pablo Martinez Monsivais)
President Barack Obama, center, talks with patrons during his visit to Ossorio Bakery and Cafe, Sunday, Sept. 9, 2012, in Cocoa, Fla. Couples sitting with Obama are from left to right, Jan Clark, Jerry Clark, John Hill, and Shirley Hill. (AP Photo/Pablo Martinez Monsivais)

WASHINGTON -- President Barack Obama says his administration has cut taxes on small business 18 times over the past four years.

In an interview broadcast Monday on WPYO-FM in Orlando, Fla., the president says the Small Business Administration has expanded its lending capacity and lowered fees during the recent recession.

A lot of companies, he says "kept their doors open because of what we did through the SBA."

The president says he's ordered the head of the SBA to test all of its forms and applications with business owners. If the paperwork proves too complicated or time consuming, he says, it should be simplified.

He says he wants to better promote the SBA with small business owners to "make it something people can take advantage of."

Around the Web

Obama Peddles Phony Small Business Tax Cut Claim - Investors.com

Obama's Small Business Plan: One Big Idea, Lots of Small Tax Cuts ...

Dems: GOP opposing small-business tax cut to hurt Obama - The Hill

Extending Middle Class Tax Cuts for 98% of Americans and 97% of ...

By the numbers: Small business - CNN.com

Obama: I've cut taxes for small business 18 times

Obama acceptance speech reflected on tax cuts, job creation

Obama: I've cut taxes for small business 18 times

Obama, the tax cutter, hits the campaign trail with Obama, the tax cut hater

Romney Says He'll Cut Deductions, Not Taxes on High Earners