Wednesday, August 11, 2010

News Not Heard On Fox News

Analysis Looks at Effect of Letting Tax Cuts Lapse for Rich - NYTimes.com:

"For their part, Republicans do not emphasize the impact of extending the tax cuts for wealthy individuals. Rather, they say Mr. Obama is about to spring a big tax increase on many small-business owners who file their taxes as individuals. Analyses from the Joint Committee on Taxation and the Tax Policy Center, a nonpartisan research organization, show that less than 3 percent of filers with small-business income pay at the top two income tax rates, and many of those are doctors and lawyers in partnerships." Weird. I know they love news! Why wouldn't they report this? I just don't understand!

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