House Surtax Won't Have Noticeable Impact on Small Business

Citizens for Tax Justice has released House Surcharge Proposal Unlikely to Have Noticeable Impact on Small Businesses:

1. Only about one in one-hundred are rich enough to be subject to the surcharge
2. The surcharge paid by the rich would be less than they got from the Bush tax cuts
3. Only a tiny fraction of small business owners would pay the surcharge
4. Even for those few small business owners who would pay the surcharge, the surcharge would have no effect on their hiring decisions
5. The health care reform that will be funded by the surcharge will make it cheaper to hire workers