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What an asinine comment. LOL. So small businesses don't exist?
Quite the entrepreneurial spirit, you are.
Maybe I should have been clearer. What I meant was that there is no legal definition for a 'small business' so when someone, a politician or whoever else, refers to 'small business' there's no way to tell exactly what they are talking about because there's no universal definition. So when Mr. V says Obama hates small business and if someone else says he doesn't, they may actually looking at the very same facts and information, but still disagree because they have different personal definitions of the phrase small business.
The IRS for example has different tax brackets for businesses of varying sizes, with all sorts of different considerations regarding the type of business, the number of employees, how many establishments this business might own, how many and what states they operate in, where their suppliers/customers are, what type of people they hire, etc etc etc
But many of these factors would also be how many of us would define small business, specifically I think its reasonable to say that if we asked people to define 'small business.' They'd look at three things:
1) How many employees does that business have?
2) How much money does that business earn in profit?
3) Are the majority of suppliers and consumers in the local area?
But there's no universal meaning, so when a politician says he's helping small business can't actually help a legally defined term of 'small business' what he does is change part of the tax code that say affects the amount of money a business is taxed, or not taxed, based on how many and what type of employees they have. Now if he makes that change in the area for all businesses with less than 50 people then it helps those businesses and owners who hire less than 50 people. But if I was a business owner who owned a business which employed 75, 100, or 200 people I may be still considered "small business" in the minds of many other people depending on my profits and customers, but nothing was done for me even though he said he was helping small business.
Thats why 'small business" means nothing, what politicians and people who actually what to claim to understand the system, need to talk about and know about is how affecting taxes, credits, benefits, etc to businesses which fall into a certain set of parameters changes things. But just saying "I'm helping small business" could mean a million different things, and thats assuming the politician is actually talking about businesses which most normal rational people would consider 'small business.'