false statement GW Bush says that Kerry will raise taxes on small business.
2004-11-01
by kathy@truthisbetter.org
GW Bush says that Kerry's tax plan would keep small businesses from hiring new employees. Yet Kerry's plan taxes net business profits going to its owners, after the small businesses pay all their expenses, including payroll and employee expenses. Net profits over $200,000 (after deducting all business expenses including payroll) would be taxed again at a higher rate so that our children will not have to pay back all the money that GW Bush is borrowing, plus interest to keep our government afloat. John Kerry plans to restore responsible financial policies unlike GW's policies that are bankrupting America and putting America in debt to foreign powers.
See John Kerry's Economic Plans
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