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Old 12-08-2012, 12:58 PM   #94
Happy Monkey
I think this line's mostly filler.
 
Join Date: Jan 2003
Location: DC
Posts: 13,575
A hedge fund manager and their secretary are a "small business" if measured by employee count. It makes more sense to measure a small business by its revenue, rather than its employee count, especially when discussing the effect of income tax rates on them.

And if a business not only makes $250,000 in taxable income, but makes enough over $250,000 that a few percent increased rate on that money is a significant amount, that is no small business.
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