Wednesday, September 29, 2004
Taxing the Truth
President Bush claims Senator Kerry's tax plans would hurt millions of small businesses. But an analysis by the Los Angeles Times shows those plans would affect far fewer small businesses -- less than 1 in 25. But the President may be right when he says that would be enough to slow job growth. The Bush tax plan, on the other hand benefits people like Lynne Cheney -- the Vice President's wife. She makes more than a million dollars a year as a "consultant." That qualifies her as a "small business" under the President's definition -- and gives her tax breaks meant to create jobs. However, she and her business don't create any jobs. (LAT)
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