One of the McCain camp’s several lines of defense to housegate has Brian Rogers’ observation that “The reality is they have some investment properties and stuff. It’s not as if he lives in ten houses.” This actually brings up a matter of some policy substance, to wit conservatives’ tendency to assert that raising the top income tax rate would be a job-killing tax hike on small business. In reality, most of the “small businesses” that are subjected to this kind of tax treatment are things like the rental property the McCains own, secondary income streams for rich people, not full-fledged businesses with employees and such.
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