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Detailed text transcripts for TV channel - KGO - 20100909:10:37:00

Out of our company so we re going to have less money to invest. reporter: he gets hit because his company s profits exceed $200,000 and are declared on his personal tax return. he s not alone. ray pinard owns a commercial printing company in boston that employs 95 people. if these tax rates go up, how much does that cost you next year? probably in the area of $120,000. how many jobs wil two, up to probably reporter: but democrats say only a tiny fraction of small businesses would be affected. that s true. according to the tax policy center, which says only 2.5% of small businesses would see their taxes go up. so, 2.5% affected. we asked the center for tax policy how many that is. their answer, 894,000 small businesses would see their taxes go up. a small percentage, but a large number of small businesses. jonathan karl, abc news, washington. here s a look at your weather. just showers for texas. heavier rain and flash flooding across eastern oklahoma, missouri and arkansas. s ....

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