Bush's Timber Company

Here's the skinny from Sign On San Diego, A forgotten timber concern and other casualties in factual claims of Bush-Kerry debate:

"Kerry startled Bush by saying that even the president is counted as a small business for tax purposes because he once earned $84 from a timber company he owned.

'I own a timber company?' Bush asked. 'That's news to me.' Then he paused and added, 'Need some wood?'

The Annenberg analysis said Bush qualifies under that definition because he reported $84 in income from his part-ownership of a timber enterprise on his 2001 federal tax return."