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CBS' Smith advanced falsehood that Dems are taxing small businesses to fund health bill

July 19, 2009 5:51 pm ET

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SUMMARY: CBS News' Harry Smith misrepresented the House Democrats' health care reform proposal, saying that one idea to fund the bill will result in "putting a very tough tax on small business owners." In fact, businesses with annual payrolls of less than $250,000 would not face a penalty for failing to providing health insurance.

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