barack obama small businesses
Do you think that Small Businesses will still be able to prosper under Barack Obama?
I understand that Senator McCain would have supported them a lot, and got the impression that Barack will not. But will he not support them to the extent that they fail and there will be a closure of a number of small businesses very soon?
Just some assistance I need with some work I’m doing in my Politics class here in the UK, we’re currently studying American politics, and I just wanted some first hand knowledge (therefore, from an American =D)
Thank you!
Anna Kate B, I’m very sorry to hear that.
I wish you all the best.
it depends what changes they make to the tax code to implement his promise of tax cuts. Many small business owners take their profits as income (e.g. plumbers) so may be subject to higher taxes leaving them less money to turn back into the business.
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