Bob McCarty Writes

During the third and final presidential debate at Hofstra University last night, Barack Obama said this about small businesses:
“Not only do 98 percent of small businesses make less than $250,000, but I also want to give them additional tax breaks, because they are the drivers of the economy. They produce the most jobs.”
To correct the [...]

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Americans for Tax Reform today questioned the accuracy of the new tax calculator found on Democratic Party presidential nominee Barack Obama’s campaign web site. Among the calculator’s major errors/misleading statements are the following:

The forgotten tax hike. By its own admission, the tax calculator ignores the unprecedented imposition of Social Security payroll taxes on small business [...]

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