Detroit Free Press, Toledo Blade uncritically report false assertion that Obama would raise taxes on 21 million small businesses

SUMMARY: The Detroit Free Press and Toledo Blade uncritically reported the false assertion by Tucker Bounds, a spokesman for Sen. John McCain, that Sen. Barack Obama would increase taxes on 21 million small businesses. In fact, Obama has proposed rolling back President Bush's tax cuts only on "people who are making 250,000 dollars a year or more," and according to the nonpartisan Tax Policy Center's table of 2007 tax returns that reported small-business income, only 481,000 of those returns are from filers with taxable incomes of more than $250,000.

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