Latest Notable Statements by Consevatives About Taxes

Fox & Friends guests repeatedly suggest expiration of Bush tax cuts will largely affect small businesses, when in fact 97 percent of small businesses would not pay higher taxes if the Bush tax cuts expire.

Sen. Kyl Repeated Talking Point That Ending The Bush Tax Cuts For The Wealthy Would Hurt Small Business Owners, when only a tiny fraction of small businesses fall into the top two tax brackets.

Sen. Kyl Suggested That Letting The Bush Tax Cuts Expire Would Result In The Largest Tax Increase In The History Of The Country . Fact: Expiration of Bush Tax Cuts would NOT be the biggest tax hike in history.

Beck falsely claimed starting next year in the health care bill for some unknown reason, if you sell anything worth more than $600, you need to send out a 1099 . In fact, provision requires businesses to file a 1099 for purchases of more than $600. The Wall Street Journal reported on July 29:In reality, starting in 2012, businesses will be required to file a 1099 to the Internal Revenue Service for each supplier or service provider to which payments exceed $600 in a single year.