Fox Nation headline misinforms on Bush tax cuts

Blog ››› ››› KAREN FAMIGHETTI

Fox Nation is pushing the canard that allowing the Bush tax cuts for the wealthiest Americans to expire would hurt small businesses, linking to an article on the House's vote to extend the tax cuts only for those making under $250,000 per year with the following headline:

fox nation taxes

In fact, allowing the Bush tax cuts for those making over $250,000 to expire would leave most small businesses unaffected. As we have repeatedly pointed out, allowing these tax cuts to expire would affect only 2-3 percent of small businesses.

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