Budget Pushback

The Wonk Room has the following clip from Fox News this morning:


The link has more data, but the quick and dirty response to Mr. Wallace is the following:

• Less than 2% of “small businesses” would be affected by Obama’s tax change
• A “small business” is very often an employed rich individual declaring business income
• Most “small businesses” don’t create jobs
• Rich people declaring business income are more likely to be “passive investors”

The point is, this isn't the Right defending the health of the economy as much as it is the Right defending their rich benefactors.