Republican presidential candidate Michele Bachmann was asked about the “Buffett Rule” this morning during an interview on KRIB Radio in Mason City.
AUDIO: Bachmann’s answer 1 min
Here’s a key portion:
“President Obama’s definition of a billionaire is a small business owner that’s making $200,000 a year in his business. Those are called the employers and, again, the president really misunderstands where jobs come from. Most of the jobs come from small businesses and small businesses run their income through their business and these are the businesses that will end up being taxed and it will mean fewer jobs.”
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