Bush and Kerry go tooth and nail in fiery debate

[lovuian]

http://feeds.bignewsnetwork.com/?sid=9534cbaf1b8f0cda

On domestic matters Kerry again knocked Bush, pointing to the federal deficit, the loss of jobs since he came to office and tax cuts he claimed favored the wealthiest people in the United States. Bush touted the creation of more than 1.9 million jobs. He also appeared exasperated over Kerry's intention to raise taxes on those who earn more than $200,000 a year.

Bush said most small-business owners, who account for the majority of jobs in the country, file as individual taxpayers and that increasing their taxes would hurt those adding people to the payroll.
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[daleo]

1. The definition of small business is not what you would think

"Bush said most small-business owners, who account for the majority of jobs in the country, file as individual taxpayers and that increasing their taxes would hurt those adding people to the payroll.
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The definition of small business being used in this claim seems to be:

http://www.sba.gov/size/summary-whatis.html
A Small Business is one that

is organized for profit;
has a place of business in the United States;
makes a significant contribution to the U.S. economy by paying taxes or using American products, materials or labor; and,
does not exceed the numerical size standard for its industry.
The business may be a sole proprietorship, partnership, corporation, or any other legal form.

In many industries, a "small business" can employ up to 1500 people by this definition. For example:

"Manufacturing – For approximately 75 percent of the manufacturing industries, the size standard is 500 employees. A small number have a 1,500­employee size standard and the balance have a size standard of either 750 or 1,000 employees."

There can be exceptions as well, so some companies can be considered "small businesses" that employ more than 1500 people.

So, we are not talking about the corner grocery here, in the vast majority of cases.