Biz: Most businesses wouldn’t get nicked by Bush tax-cut reversal
- 3% of all businesses would be affected by rescinding the high-end of the Bush tax cuts
- 8% of non-hobby businesses would be affected, say conservative groups
- 750k the real number of businesses that would roughly be affected by the cuts source
- » And a possibly positive side-effect: Studies have shown that increases in tax rates at the top end can lead to more small businesses starting up because of the tax breaks offered, boosting overall growth anyway.