Tag Archives: small business

Facts Falling Off the Fiscal Cliff

In press conferences on the so-called fiscal cliff, 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 …
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Small Businesses and the Health Care Law

Is the Affordable Care Act “devastating to small businesses,” as some critics claim? We find such assertions are overblown. The law is actually beneficial to truly small companies. See “GOP’s ‘Job-Killing’ Whopper, Again” (Feb. 21) for more on claims about the impact on small businesses.

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Boehner’s Big Stretch on Small Business

House Speaker John Boehner claimed that “small-business people” make up more than half of those who would be hit by a tax increase on “millionaires.” Not really. Only 13 percent of those making over $1 million get even as much as one-fourth of that income from small business, according to …
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FactChecking ‘The Pledge’

The Republican “Pledge to America,” released Sept. 23, contains some dubious factual claims. It declares that “the only parts of the economy expanding are government and our national debt.” Not true. . . .
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U.S. Chamber: More Lawsuit Malarkey

The U.S. Chamber of Commerce is running a false ad claiming that "52 percent of all lawsuits" target small businesses. The claim is contradicted by the very study the Chamber cites as its source, and it’s not even close to the truth. The study shows the true figure is somewhere …
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Right Change Is Wrong

Summary A conservative group called RightChange.com has spent $3 million running ads that largely criticize Obama and his tax plans. They’re false:  Two ads say Obama would tax "small businesses" at a rate of "62 percent." He wouldn’t. That number is an inflated estimate of the very top tax rate, …
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FactChecking Biden-Palin Debate

Summary Biden and Palin debated, and both mangled some facts. Palin mistakenly claimed that troop levels in Iraq had returned to “pre-surge” levels. Levels are gradually coming down but current plans would have levels higher than pre-surge numbers through early next year, at least. Palin repeated a false claim that …
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McCain’s Small-Business Bunk

Summary McCain has repeatedly claimed that Obama would raise tax rates for 23 million small-business owners. It’s a false and preposterously inflated figure. We find that the overwhelming majority of those small-business owners would see no increase, because they earn too little to be affected. Obama’s tax proposal would raise …
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