I somehow found myself watching Fox News earlier (for the first time in awhile). Greta Van Susteren was interviewing Paul Ryan. Great (who Bill O’Reilly claims is a “liberal”), was throwing softballs for Paul Ryan to knock out of the park and not surprisingly didn’t challenge him on his claim that Barack Obama’s plan to raise the top marginal tax rate (meaning, those making $250,000 or more) would affect small businesses, because many of them file their earnings as income.
As the CCBP noted in 2010 when the debate on allowing the Bush tax cuts to expire on the wealthiest Americans was in full swing:
In reality, however, extending the tax cuts would do little for small business because only the top 3 percent of people with any business income, let alone income from a small business, would benefit.  Over the long term, an extension would likely harm the economy — and thus small business — by adding about $1 trillion to deficits and debt over the next decade and even larger amounts in subsequent decades. 
But facts are never a problem for people like Paul Ryan. His goal isn’t really to help economic recovery so much as keeping true to his small government ideology and keeping his pledge to Grover Norquist.Obama wants to raise taxes on small business owners - Fact or Myth? by Fact and Myth