President Donald Trump exaggerates when he describes a reduction in the top marginal rate for pass-through business income as a boost to small businesses and truckers.
Trump Exaggerates ‘Small-Business’ Tax Cuts
A GOP Talking Point Turned False
Several Republicans have claimed that business deaths outnumber business births in the U.S. That was accurate for individual firms for 2009 to 2011, but no longer.
Rubio’s Shaky ACA Hypothetical
Sen. Marco Rubio described a hypothetical Detroit business owner with 10 employees as facing higher costs under the Affordable Care Act, saying the man was considering moving one employee to part time to “save … a significant amount under Obamacare.”
Obama’s Numbers (July 2015 Update)
As we do every three months, we offer here a fresh update of selected statistical indicators of what has happened since Barack Obama first took the oath of office in January 2009.
FactChecking Ted Cruz, Part II
In announcing his presidential candidacy, Sen. Ted Cruz painted a bleak picture of “economic stagnation” and “record numbers” of small-business failures. He’s off base on both counts.
Grimes Ad Misses the Mark on McConnell
Thought you’d seen it all this political season? An ad from Democrat Alison Lundergan Grimes criticizes Sen. Mitch McConnell for his vote on a bill that President Obama praised, and even thanked McConnell by name for supporting.
Crossroads GPS’ Twisted Tale
An ad from Crossroads GPS leaves the false impression that a Colorado woman “had to go back to work” to pay for health care insurance mandated by the Affordable Care Act.
GOP Mistweets #Obamacare Survey Results
House Speaker John Boehner, among other Republicans, wrongly tweeted that a recent “study” found “74% of small businesses will fire workers, cut hours under #Obamacare.” Actually, no more than 13 percent of the small businesses surveyed said that.
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 small-business owners.” That’s incorrect. Boehner’s spokesman said the speaker simply misspoke, but Boehner is a repeat offender with this bogus claim.
Boehner repeatedly cited an Ernst &
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.