The Joint Committee on Taxation recently reported that only 3% of small businesses would be affected by the expiration of Bush-era top rates. Asked about this a week ago, House Minority Leader John Boehner (R-Ohio) said, "Well, it may be 3%, but it's half of small business income. Because, obviously, the top 3% have half of the gross income for those companies that we would term small businesses."
See it's really 50% because those 3% are the largest small firms (or are they the smallest large firms ?).
Mitch McConnell is the worlds shortest giant.
No comments:
Post a Comment