
Of all the arguments Republicans offer to maintain Bush tax cuts for the wealthy, one stands out: The tax increase would be a blow to small business owners. This is misleading–but you can't count on media to get this right. The CBS Evening News had a segment last night (11/29/12) taking a look at the issue. On its face, there's not much support for the Republican position: About 2.5 percent of small business owners–a somewhat loosely defined group–would see a tax hike on income above $250,000 (Tax Policy Center, 8/5/10). This is straightforward; so how do you make it less [...]


