Republicans have turned the phrase "small business" into a brand. They are all about protecting the little guy.
Curious what you think of when you hear that phrase? What is a small business?
And, what do you make of this?
Schieffer: Only three percent of those ‘Small Business’ people you keep talking about – all the ‘Small Business’ people, they’re going to be taxed – only three percent would be affected by that. Do you quarrel with that figure? Is that a right figure or a wrong figure?
Boehner: Well, it may be three percent, but it’s half of ‘Small Business’ income. Because, obviously, the top three percent have half of the gross income for those companies that we would term ‘Small Businesses.’
If 3% of small business owners make half of all small business income, then how small would you reckon their small business is? More on that later...