Topic: Newsmax
In his March 2 Newsmax column, Ronald Kessler said of President Obama's plan to raise taxes on those making more than $250,000 a year: "Most of those penalized under the tax hike are small businesses, which create most new jobs."
False. In fact, as of 2007, only 2 percent of tax returns that reported small business income are in the top two income tax brackets that would raise under Obama's plan.
Kessler also claimed that in a 2001 radio interview, Obama "expressed regret that the Supreme Court hadn’t engaged in wealth redistribution."
False -- Obama never said that. As we've detailed the last time Kessler made this false claim, Obama said that because the Supreme Court under Earl Warren did not address "redistributive change," it was evidence that the court was not as far-left as its critics have claimed. And Obama's "regret" was specifically aimed at the civil rights movement for overly relying on the court system to advance its agenda.
