NPR: Taxing Small Biz

Taxing Small Biz

McCain said that Obama would increase taxes on 50 percent of small business revenue. I think this may be true for revenue as a whole but it doesn't mean that 50 percent of small business owners would pay more. It also depends on what you consider small businesses. The Small Business Administration defines a small business as a company with fewer than 500 employees but I don't know where McCain gets his figures.

-- Jim Zarroli

10:03 PM ET | 10- 7-2008 | permalink

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