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Only 2.5 Percent of Small Businesses Affected by Expiration of Bush Tax Cuts for Top Marginal Rates

Only 2.5 Percent of Small Businesses Affected by Expiration of Bush Tax Cuts for Top Marginal Rates

Republicans pride themselves of being the champions of small business owners. But it’s helpful to clarify what actually is their definition of a small business.

The Center on Budget and Policy Priorities (CBPP) released a report that shows only 2.5 percent of small business owners would be affected by allowing the Bush tax cuts to expire on the wealthiest taxpayers (top two marginal tax rates).

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