As the fight over the expiring Bush tax cuts drags on, Democrats and Republicans are vying for public support by citing figures about business tax rates. According to President Obama and the Democrats, 97 percent of small businesses will see their tax rates remain the same. Republican counter that the remaining three percent of small businesses — about 750,000 of them — constitute half of all small-business income. There’s only one way both of those statements can be true: Many of those 750,000 small businesses aren’t small at all. Some, like Bechtel Corporation, are positively enormous.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=120958