Yes, my friends, my entire small business is the result of Johnny McCain. As are, it turns out, the small businesses of 15.5 MILLION other Americans. We all owe it to Johnny McCain.
Should small business owners fear for their wallets if Obama is elected? Not the vast majority, business and tax experts say. To make its claim, according to a McCain spokesman, the campaign counts as a small-business owner any taxpayer who files a Schedule C, E or F - the forms used to report gains and losses from business ventures and farms.
But there are three main problems with McCain's charge.
What is a small business?