Small businesses are needed in the efforts to grow the economy, from creating jobs to hiring workers. But a proposed federal millionaires' tax would hamper those efforts, according to Rep. Rodney Frelinghuysen (R-11th), whose claim was rated Sunday by the Truth-O-Meter. In explaining his point, PolitiFact New Jersey found that the congressman cited a statistic that represents all businesses,...
Small businesses are needed in the efforts to grow the economy, from creating jobs to hiring workers.
But a proposed federal millionaires' tax would hamper those efforts, according to Rep. Rodney Frelinghuysen (R-11th), whose claim was rated Sunday by the Truth-O-Meter. In explaining his point, PolitiFact New Jersey found that the congressman cited a statistic that represents all businesses, not just small businesses, and using it to make a point about small business owners is misleading.
Read our recap of the weekend ruling at PolitiFactNJ.com and then join the conversation about it at NJ.com.
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Also from PolitiFact New Jersey:
U.S. Rep. Rodney Frelinghuysen gets a Mostly False for his claim about the impact of a millionaires' tax proposal on small business owners.More Truth-O-Meter Rulings
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