If you aren’t 100% sure how the new Obama Administration will effect US Small businesses, an article in Businessweek will shed a little light on his policies for helping get America back on track. During the end of the campaign Obama put out a “small business emergency rescue plan.”
What the survey concluded is that regardless of the tax rate, small business owners draw a considerable amount of income from their businesses, and if a higher tax is placed on that income, they will have to make tough decisions about where to cut business investments.
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Obama’s Impact on Small Business
