I like to think this one is just as appropriate now as it was then...Originally posted Oct 24, 2008
There are actually people in America who will attempt to Vote themselves out of a Job in a week and a half if they Vote for Barack Obama. Between Obama's Disastrous Tax Plan which will destroy small businesses, the fairness doctrine, his opposition to free trade, his desire to tax the US out of the global market and of course his Health Care Plan. I'd like you to name one industry that can survive this guy's plan...
Small Business is the back bone of our economy comprised of Restaurants, Stores, publications, and all the other categories you can find in the yellow pages. Obama's tax plan would raise taxes on 85% of Small Businesses. That additional tax will cause many to shut their doors completely. Others will be forced to reduce staff or benefits. Obama also promises to penalize those who don't offer health insurance to their employees, yet another incentive to Small Business owners to pull down their shingle. Considering that in some of the previous years Small Business was responsible for 100% of the jobs added to the economy, I'm thinking this won't be good for anyone. I am not alone, Small Business Associations across America including the one here in Virginia are endorsing John McCain.
In addition to those who own or work for a small business, there are whole industries that rely on small businesses as customers. As small businesses cut back on expenses, those who sell to Small Business owners will also feel the effect. From the office supply rep, to the advertising rep, to cleaning crew, who ever works for the SB owners will be feeling the pinch too.
Take a look at how one small business owner breaks it down. He does a much better job with the numbers than I can....
See the video and read the remaining article here:
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