Obama continues to claim that 98% of all small businesses make less than $250,000
"Not only do 98 percent of small businesses make less than $250,000, but he also want to give them additional tax breaks, because they are the drivers of the economy," Obama said "they produce the most jobs."
This seemed intuitively incorrect so we looked it up.
Here are the facts:
Only 42% of small businesses make less than $250,000 - not 98%.
Obama will raise taxes on 58% of all small businesses! McCain will cut taxes on 100% of them.
We do our homework here at Freedom Of Speech!
This information came from hhtp://www.entrepreneur.com/sbe/glance/index.html
"Look it up yourself."
