Politico's Smith, Martin reported McCain campaign's claim that Obama would raise taxes on 21 million small businesses without noting it's false
Published
Politico writers Ben Smith and Jonathan Martin reported a claim by Tucker Bounds, McCain campaign spokesman, that “Barack Obama wants more taxes from 21 million small businesses,” without noting that it is false. 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, 481,000 small businesses fall into the tax brackets that would be affected by those increases.