CNN: McCain’s Small Business Tax Claims “False;” Apply Tax Stats “In a Way That is Highly Unlikely to Match Reality.”
“The Statement: Speaking during a campaign stop Monday, Oct. 20 in Belton, Missouri, Republican presidential nominee Sen. John McCain criticized Democratic opponent Sen. Barack Obama’s proposals on taxes. ‘The Obama tax increase would come at the worst possible time for America, and especially for small businesses like the one Joe dreams of owning,’ McCain said. ‘The small businesses Senator Obama would tax provide 16 million jobs in America.’ The Verdict: False. McCain uses an overly broad interpretation of the NFIB survey’s figures — applying Obama’s tax plan to those figures in a way that is highly unlikely to match reality.” [CNN, 10/21/08: http://politicalticker.blogs.cnn.com/2008/10/21/fact-check-would-obama-hike-taxes-on-small-businesses-that-employ-16-million/]