My family owns a small business and I hear alot of people saying that....?

Question

If Obama gets in, it'll put small business owners in danger.

What exactly does this mean?

Answer 1

Fear is a powerful tactic that political parties use.  I suggest that if you have concerns to read up on the candidate's platforms before propagating false rumors.

Answer 2

Republicans always say this to scare people away from the Democrats. Ask yourself a question, was our economy better for people, small business and big business under President Clinton (a Democrat) or under Bush (a republican). Our economy can only improve under Obama if he's elected. McCain has agreed with Bush on 90% of his votes for the past 8 years. How has our economy done under Bush's leadership? Do you really want four more years of that? Don't buy into their scare tactics.  

Answer 3

Because even though you arent wealthy your income even if its going to overhead will make sure the tax rates hose you. Whats gonna happen if they decide to sell it? They will go broke because of the capital gains tax increase. Not to mention the death tax he will reinstate if God forbid something happens and you inherit the business. You will lose it to pay the taxes. Thats looking at it from the point of view who stands to inherit a small buisness someday.

Answer 4

It means you will be punished for making money; you will be taxed to death. Obama will think you're rich. He wants you and your family to work hard so you can support the lazy people.

Answer 5

our tax rates will go up substantially.this is based on your gross income and not your net income.so if you happen to gross 250,000 dollars a year and employ 4 people.the small business owner before he pays his creditors automatically falls into this category before expenses are totaled.

Answer 6

you must be extremely rich if you own a business. In the new socialist country you can afford to give every one a raise, health insurance, paid time off for whatever reasons, pay more taxes (cause you own something) then when you sell... a new improved capital gain tax of say 40-50% for the government.

Of course this will help us all.

Answer 7

its probably republicans spreading fear to loose votes for democrats. republicans support large corporations much more over small businesses than democrats do I think... judging by the corporate tax cuts our beloved president made.  

Answer 8

That small businesses will start going under because Obama will not help to support them!  

Answer 9

It is highly likely that small businesses will be a victim of the tax hikes Obama has planned; and they will be required to provide health insurance for all their employees. Many small businesses cannot afford health-care due to ridiculously high premiums. There is a also a plan to raise the payroll tax, which small businesses will foot for their employees.

Conclusion: Obama is not small business friendly

Answer 10

The more people and businesses get burdened with tax, the less profit they make = You'll be working harder for less money in your pocket.

Answer 11

It is a lie.

Republicans will give small business owners breaks, if 5 million a year your small business.

Otherwise stick with Obama.

Answer 12

Honestly, if you want the truth don't look for answers here. Go to websites like Project Vote Smart and look at each canidates voting record.

But since you asked.....Obama wants to tax big corporations and give tax breaks to the little guy. McCain is all about giving big corporations as many tax breaks as possible. =)

Answer 13

Scare tactics, plain and simple. Conservatives are trying to scare the common voter into voting McCain. It's what they do.

Answer 14

it means simply put that you shall pay more in taxes  

Answer 15

Fox Noise started that lie. I heard them and flip the remote.

I heard his speech. He said that he would give money for start up businesses and tax BIG corporations, not the little ones and give them money for health care for their employees.