Some Small Business FACTS!
According to the National Small Business Association:
Small businesses comprise 99.9 percent of the 26.8 million U.S. businesses.
14.7 million are firms whose owners do not have outside employment and who have employees.
75 percent of small business reported revenues of less than $1,000,000. According to the Obama campaign,
22% of those revenues on average are taken home as profits. Therefore, if 75% of small businesses earn less than $1,000,000, 75% of small business owners would stay under the $250,000 income threshold.
Of the 25 percent with revenues in excess of $1,000,000, nearly a third file taxes as a corporation and would therefore not be subject to personal income taxes, or personal income tax increases.
NSBA found that 13 percent of small and mid-sized businesses have personal incomes above $150,000 annually – “a lower percentage is likely above the $250,000 threshold.”
http://www.truthfulpolitics.com/http:/truthfulpolitics.com/comments/percent-of-small-businesses-earning-more-than-250000/
Keep this in mind and share it with those mindlessly driveling drones that say the expiration of the Bush tax cuts hurts small business!
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