POLITICAL PARTY POOPER

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News Anchorpeople: Real Life Ron Burgundys?

Posted by politicalpartypooper on February 15, 2010

On Fox’s Redeye, Former Arkansas Governor Mike Huckabee told Sean Hannity that the majority of small business owners in America earn more than $250,000, and are affected by President Obama’s tax hike on the top two tax tiers in the nation.  But a quick check on the facts of who earns what in the Small Business sector turned up this little tidbit of information:

That’s because the lion’s share of taxable income comes from a small number of wealthy businesses. Out of 34.7 million filers with business income on Schedules C, E or F, 479,000 filers fall into the top two brackets, according to an analysis of projected 2009 filings by the nonpartisan Tax Policy Center.

The other 34.3 million – or 98.6% – would be unaffected by Obama’s proposed rate hike.  CNNMoney

Oh, Mikey, Mikey, Mikey.  Why are you such a liar?  And Mr. Hannity, why are you not calling him out on his lie?  One-point-four-percent of Small Businesses can hardly be called a majority.  Yet Hannity let the Republican with the cute, , teddy-bear name get away with a whopper.  Was this by design, or is Sean Hannity really that uneducated on the topics he interviews about?  Which leads me to another question.

Is it just me, or do our mainstream media talking heads seem unable to tell the truth from a blatant lie?  I have watched too many news programs over the years, and it seems to me that people like Anderson Cooper, Candy Crowley, Campbell Brown, Sean Hannity, Bill O’Reilly, Keith Olbermann, Chris Mathews, and many, many others rarely go after their guests in the face of a lie, unless that guest just happens to be an opponent to their worldview.  So, what are we to believe?  Do they allow the lie in the interest of fairness?  Do they even realize they are witnessing a fib?

There are so many reasons to believe the mainstream media is allowing these whoppers to be told rather than call them out; not the least of which is that lies help ratings.  Especially the blatant, crazy ones…like “Most small business owners earn more than $250k., or…”Democrats want to kill Grandma with Death Panels.”  The second reason might be that the interviewer is merely allowing the lie to pass because it agrees with their agenda.

But there is a third reason that the lies might be allowed to fly.  It might be that all of these so-called “anchors”, and “journalists” are nothing more than personalities with IQ’s as empty as their suits.  Could it really be that our anchorpeople are real-life Ron Burgundy’s?  I’ve often suspected it, and at the rate that lies are allowed to go unchallenged in the media, the evidence is mounting rapidly.

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11 Responses to “News Anchorpeople: Real Life Ron Burgundys?”

  1. Jonah said

    Are you including those filing as an S corporation?

  2. Jonah said

    Since the mid-1990s, the small business sector has created 78.9% of the net new jobs in the United States, reports the Office of Advocacy at the Small Business Administration. Sen. Obama is claiming his proposed tax hike on incomes over $250,000 will hardly stifle job creation in this key job-producing sector because “98% of small businesses make less than $250,000.”

    The 98% figure may be correct, but it conceals more than it reveals, just as Obama’s description of Weatherman bomber Bill Ayers as “a guy who lives in my neighborhood who’s a professor of English” was accurate but deceiving.

    Obama gets to his reassuring 98% figure by lumping firms with no employees, the majority of small businesses, with small businesses that have 50 or 100 employees. Census data show that 79% of all American companies, counting both large and small firms, have no employees.

    Similarly, the SBA’s Office of Advocacy reports that 52% of small businesses in the U.S. economy are home-based — that is, not exactly the heavy-hitters when it comes to job creation.

    As the New York Times reported regarding the makeup of the nation’s 27 million small businesses: “According to figures compiled by the Small Business Administration, there are fewer than six million small businesses that actually have employees. The rest are so-called non-employer firms that report income from hobbies or freelance work done by their registered owners, earning as little as $1,000 a year.”

    By treating a lemonade stand the same as a home builder with 100 employees, Obama can get away with saying that 98% of small businesses in America won’t be hit by his proposed increases in income taxes.

    He’s telling the 59 million employees in the small-business sector there’s almost no chance, specifically a 2% chance, that their jobs or incomes will be negatively affected by his proposed tax hikes and policies to “spread the wealth around.” In fact, Obama’s proposed tax hike on incomes over $250,000 is precisely aimed at the small businesses that are generating the highest revenues and hiring the most workers…

    Investors Business Daily

    • politicalpartypooper said

      While some larger small businesses will certainly be affected, the vast majority of small business hiring is done by companies with 50-100 employees. I have many of these as clients, Jonah, and I promise you, if I ever let any one of them report more than $200k of income, you can tell them to fire me. 😀

  3. Jonah said

    What are of the country do you live in?

  4. Jonah said

    How much do you think lawyers and doctors make?
    They are small business.

    • politicalpartypooper said

      Actually, most doctors work for an association of hospitals or clinics. They still make great money, but they aren’t businesses.

      Attornets who either have their own shingle or are in partnership are the ones who would be considered small businesses. I have a few of these as clients. It really depends on their specialty and experience. Even then, none of mine make more than $250k. A few of them could easily report that much, but overall, in Wisconsin, I’d say the majority of attorneys earn less than that unless they are a senior partner. Then, the only hurdle to income is case load for the firm. But you’d be surprised what you can do with “income” to make it business expense.

      This side of my life is where I am very conservative, and where liberals hate me. Yes, I do use the US tax code to my clients advantage. I don’t know an advisor who doesn’t. But for me, it is especially those small business people who I care about and concentrate on. In my mind, if you built a business up from zero employees to fifty or more, you deserve to keep more of your money. Not that other people don’t deserve to keep more, too, but I have a serious problem with the execs like Lloyd Blankfein, who have never owned a small business, never started a business, and never created a job, pillaging the coffers of their shareholders to pay themselves vast sums of money.

      It isn’t people earning $250k that are the problem. It’s the people who are paying themselves $5 Million and then giving themselves an even higher bonus that I have trouble with. You just know those people have never created a business; they’ve always been in the large corporate structure, and they move from corporation to corporation, raiding everywhere they go.

      The proof is in the pudding. If you give small business owners money to create jobs, most them will do it. If you give a Lloyd Blankfein money, he’ll pocket it. That’s the difference.

      • Jonah said

        Then raise it $500,000.

        In certain demographics, $250,000 is not necessarily rich. In those same areas,
        homes cost $250,000 and up. (Boston).

        I swear, government has become nothing but a BURDEN.

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