Note to Dubya. Only 2% of small bidness owners pay the top rate!

[flpoljunkie]

http://www.cbpp.org/1-18-03tax.htm

[DemocratSinceBirth]

1. I Own A Small Business....

I wish I made enough money to pay the top rate....

As I understand it under Kerry those who make over $200,000.00 will see their taxes raised from 37% to 40%...

That sounds fair to me....

[flpoljunkie]

2. I agree. Dubya is being, shall we say, disingenuous, at best.

http://www.cbpp.org/1-18-03tax.htm

In his radio address, the President also echoed a claim contained in a recent Treasury press release that small business owners would benefit greatly from his proposal to accelerate the reduction in the top income tax rate, because two-thirds of those who pay the top rate are small business owners.  This statement, as well, is misleading in two respects.

The Administration is claiming that 500,000 of the 750,000 tax filers who pay the top rate — or two-thirds of them — are small business owners.  Even if this claim were valid, it would not mean that the reduction in the top rate would broadly help small businesses.  The 500,000 “small business owners” said to pay the top rate would, by the Treasury’s own figures, constitute only two percent of small business owners.