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Where Obama and McCain Stand on Small-Business Issues

August 26, 2008 RSS Feed Print

The Small Business and Entrepreneurship Council today released a great comparison of the two presidential candidates' positions on the issues that most affect small businesses. While the SBEC is known to support policies that probably more closely resemble McCain's platform, this is a pretty fair list.

From the Obama camp, some of the more interesting stances are:

Eliminate all capital gains taxes for small-business start-ups
Make R&D tax credit permanent
Establish a small-business and microenterprise initiative for rural America—20 percent tax credit for $50,000 investments in small businesses

From McCain:

Vote of a three-fifths majority in Congress necessary to raise taxes
Permanent ban on Internet taxes (more here)
Ban cellphone taxes (more here)

Tags:: presidential election 2008,; small business,; Barack Obama,; John McCain

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Is the 250K income gross or net? I can't find a definition. If the 250K is gross income, small businesses will be hurt.

of 11:53AM October 18, 2008

This guy hasn't got a clue. So he was a prisoner of war. Big whoop. What does that have to do with anything that relates to the election? However, I do have to give him props for his sneaky ways of picking a women vice president to support all of Hillary's votes. BUT, I still think that Obama is the right choce for president because McCain is too old to do anything that involves a serious responsibility as running the country. I really don't want my life in this guy's hands.

Charolotte of KY 11:28PM September 24, 2008

Obama is most certainly for the small businesses in America. The only time taxes would be raised if incomes are over 250K (we should all be so lucky to make that much) Guess if we did we would be Republicans. I'm going with Obama!

Ted of FL 4:50PM September 12, 2008

Where Obama and McCain Stand on Small-Business Issues

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