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So now that Obama has been elected, what, exactly, is going to change for small businesses? Many
worry about mandatory health care or tax proposals putting them out of business.
“Obama pledged to cut taxes for small businesses earning less than $250,000 after expenses,
while raising taxes on capital gains and dividend income among wealthier Americans. In a nod to
entrepreneurs, Obama promised to exempt start-ups from paying capital gains taxes, lower the tax
rate for the self-employed, and boost government investment in R&D,” summarizes Angus Loten on
Inc.com. Click
here for more.
How do you interpret change?
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