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Small businesses feel squeezed by Obama policies (tax & healthcare cost)
WP ^ | 09/06/10 | V. Dion Haynes

Posted on 09/06/2010 3:21:25 AM PDT by TigerLikesRooster

Small businesses feel squeezed by Obama policies

By V. Dion Haynes

Washington Post Staff Writer

Monday, September 6, 2010; 12

Last year, even as he struggled through the worst of the recession, Chris Upham said revenue at his District-based real estate and construction businesses doubled -- allowing him to hire two agents.

But Upham said he hasn't increased his staff thus far in 2010 and he doesn't expect to for the remainder of the year.

That's because his taxes rose sevenfold. And he said he anticipates they'll increase again if the Bush tax cuts for people earning $250,000 and above expire at the end of the year.

As small businesses try to plot their recovery, attention is turning to what many owners consider burdensome policies -- higher taxes, new accounting procedures and health-care mandates. Even as the government tries to help with an array of small-business initiatives, many owners say the intervention is as much a hindrance to hiring as the faltering economy.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: obama; smallbusiness; tax

1 posted on 09/06/2010 3:21:29 AM PDT by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

P!


2 posted on 09/06/2010 3:22:05 AM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: TigerLikesRooster

I’ve seen reports like this from small business owner FReepers for many months. Glad to see the WaPost is finally catching on. I guess when you sit in Washington and you are the WaPost, small business is almost completely invisible.


3 posted on 09/06/2010 3:30:08 AM PDT by FreedomPoster (No Representation without Taxation!)
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To: FreedomPoster

Until election season comes around.:-)


4 posted on 09/06/2010 3:35:19 AM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: TigerLikesRooster

“Small businesses feel squeezed by Obama policies”

And this is news? How long did it take the “great intellects” of the left to figure this out?


5 posted on 09/06/2010 3:51:04 AM PDT by djpg
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To: TigerLikesRooster

Obama’s burdensome policies still growing.


6 posted on 09/06/2010 3:52:40 AM PDT by Vaduz
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To: TigerLikesRooster
No no no, according to the economic genius Barack Obama, the reason Small Business is struggling has nothing to do with him, it just the evil bankers aren't making enough credit available to them. /s
7 posted on 09/06/2010 3:56:59 AM PDT by MNJohnnie (The problem with Socialism is sooner or later you run out of other people's money. Lady Thatcher)
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To: Vaduz
Liar = Obama.

Cheater = Feds.

Thief = Congress.

Con artist = Piss-Stream Media.

Throw 'em all out.

WAKE UP AMERICA


obama-jail-6sm
Obama jail


8 posted on 09/06/2010 4:29:13 AM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: BobP

Agree 100%


9 posted on 09/06/2010 4:36:13 AM PDT by Vaduz
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To: MNJohnnie
No no no, according to the economic genius Barack Obama, the reason Small Business is struggling has nothing to do with him, it just the evil bankers aren't making enough credit available to them. /s

I saw a small business owner (machine tools) on Neil Cavuto last week and he told Neal that he didn't need loans, he needed customers.

10 posted on 09/06/2010 4:40:22 AM PDT by dearolddad
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To: BobP; Vaduz
Throw 'em all out.

Refresh the tree of liberty.
Hoist the black flag and begin sliting throats.
Feed the hogs!
The ballon is about to go up!

There fixed it for yas!

11 posted on 09/06/2010 7:46:28 AM PDT by DCBryan1 (FORGET the lawyers...first kill the "journalists". (Die Ritter der Kokosnuss))
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To: TigerLikesRooster

Sorry...make it a point to never read the WaPo, at what point do they claim it’s Bush’s fault?


12 posted on 09/06/2010 8:25:09 AM PDT by JrsyJack (a healthy dose of buckshot will probably get you the last word in any argument.)
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To: TigerLikesRooster

Our small business feels like it’s in a Death Grip!


13 posted on 09/06/2010 5:43:20 PM PDT by Diana in Wisconsin (Save the Earth. It's the only planet with Chocolate.)
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