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Wednesday, October 8, 2008

Where does he get this stuff?

"Obama's secret that you don't know is that his tax increases will increase taxes on 50 percent of small business revenue." I can not believe this guy, where does he get his information from?

My tax plan increase will affect "only a few percent of small businesses who make more than $250,000 a year. So, the vast majority of small businesses would get a tax cut under my plan." TRUE...AND TRUE: Only 4.3 percent of the total U.S. businesses are small businesses that make more than $250,000 a year, according to tax data. It's also possible that a majority of "small business revenue" comes from these firms. Obama is referring to the number of firms, McCain is referring to the concentration of revenue at the top end of the small business food chain. Both managed to make the facts work for their arguments.

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