Wednesday, July 28, 2010

Yesterday, I wondered...

...about the percentage of small business owners that pay taxes in the top bracket. Steven Pearlstein writes today:

When all else fails, the last refuge for the anti-tax crowd is to claim that raising the top tax rate reduces employment because that is the rate paid by many small businesses -- which, according to Republican myth, create all new jobs. In fact, fewer than 3 percent of tax returns with business income fall into the top brackets.

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