Today Fox News published an article stating that in his speech today, president Obama will endorse the extension of all the Bush income tax cuts except those that only benefit families making more than $250,000 -- a proposal that will continue all of the tax cuts for 98 percent of small-business owners (and some of the tax cuts for the remaining 2 percent.)

The article also states that Obama will propose “a permanent expansion of research and development tax credits for companies and new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011.”

These proposals are unambiguously good for the vast majority of small businesses. And yet, Fox comes up with this headline: