Search results for obama
Well America has a new President, Barack Obama.
Some of Obama’s plans for small business include:
- Increase the minimum wage and index the rate to inflation so that it goes up every year
- Wants to eliminate all capital gains taxes for new business start-ups
- Give a $500 credit to business owners to offset the self-employment tax
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First of all, for Joe the Plumber, the tax is on net income and not gross sales.
According to a new analysis by the Tax Policy Center, a joint project of the Urban Institute and the Brookings Institution, Democrat Barack Obama and Republican John McCain are both proposing tax plans that would result in cuts for most American families.
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The congressional defeat of the proposed bailout plan by the Treasury led to one of the worst stock market days in history.
The result was an elimination of trillions of dollars in shareholder wealth.
The main reasoning for the rejection of the plan was that ordinary taxpayers should not have to subsidize the fat cats over on Wall Street.
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What's in it for you. (Hint: it's mostly about what's in it for community banks.)
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A survey earlier this month of 1,062 business owners with 100 or fewer employees conducted by payroll administrator SurePayroll found that 64% of businesses planning to vote for either Sen. McCain or Democrat Barack Obama are leaning toward Sen. McCain, while the remaining 36% plan to vote for Sen. Obama.
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With a recession looming and job opportunities becoming scarce, many people are looking to entrepreneurship as a new career path.
How will the upcoming American election impact small business owners? Here’s my take on how small business friendly Obama and McCain are:
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I'm not sure if there is really a good choice for businesses this election - but this article makes a few good points about how Obama might not be the best choice.
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The Small Business and Entrepreneurship Council today released a great comparison of the two presidential candidates' positions on the issues that most affect small businesses. While the SBEC is known to support policies that probably more closely resemble McCain's platform, this is a pretty fair list.
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In recent days, the debate between Democrat Barack Obama and Republican John McCain has increasingly focused on the economy. When it comes to such discussions, tax policy is where the rubber meets the road. And it is one of the key areas where the candidates are offering dramatically different approaches.
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Presumptive presidential candidates Barack Obama and John McCain have both put forth sweeping tax proposals that will shape the American economy for the next decade. It's only one of a number of areas where Republican McCain and Democrat Obama bring distinctively different philosophies to bear. But for small businesses, it may be one of the most
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Both Democrat Barack Obama and Republican John McCain have advanced a broad array of tax proposals that are complex, hard to understand, and on many points, difficult to compare. But the Tax Policy Center of the Urban Institute and the Brookings Institution, two nonpartisan research organizations, recently published a study that provides the best
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Barack Obama unveiled a tax credit to encourage small firms to buy health insurance for employees.
The proposal, elaborated in a conference call with reporters by the campaign's Economic Policy Adviser, Jason Furman, would provide small firms with a 50% tax credit against the cost of employee premiums. To receive it, a company would have to
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