Tag: 99%

  • Only 8% of small business make over 200K a year.

    House Speaker John Boehner greatly exaggerated the negative effect on the economy of raising taxes on upper-income individuals. Boehner erred when he said that “the problem with raising tax rates on the wealthiest Americans is that more than half of them are small-business owners.” That’s incorrect. Boehner’s spokesman said the speaker simply misspoke, but Boehner…