Tuesday, July 27, 2010

In the debate over whether...

...or not to extend the Bush tax cuts, one of the Republican talking points seems to be that a very high number of those affected will be small business owners. (I've heard anywhere from 50 to 75 percent.) All hail the small business owner.

But the way these talking heads say it -- and say it fast -- almost leaves you with the impression that between 50 and 75 percent of all small business owners will be affected. But that's not what they're saying. Because the percentage of small business owners that actually makes over $250,000 a year -- the highest bracket -- is probably in the very low single digits.

And that's a big difference.

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