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Catalyst Magazine

Preparing For Change


Contributing Business Writer

Collette McKenna Parker

November 10, 2008

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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