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	Name:	GoneFishin -
	Subject:	Martini, you like this?
	Date:	10/11/2008 8:20:24 PM

Unlike McCain, who wants to give $200 billion in new tax cuts to the largest and most profitable businesses, Obama wants to cut taxes for the small businesses that create jobs.
Her is the plan he has announced. What don't you like?

Just as was done after 9/11 when businesses were facing economic injury, Obama is calling for the Small Business Administration to directly lend to small businesses that cannot access other sources of capital.

Zero capital gains rate for small business - Obama will eliminate all capital gains taxes on investments made in small and start-up businesses. .

Temporary tax incentives to encourage investment in jobs -Obama will give small businesses additional incentive to make investments and start creating jobs again by providing temporary business tax incentives through 2009. This will be accomplished, in part, by the extension of IRS code section 179 expense deduction to $250,000 which now expires in December 2008.

New tax credits for employee health care costs - The Obama Small Business Health Tax Credit will provide a refundable credit of up to 50% on premiums paid by small businesses on behalf of their employees and to small businesses with no employees.

Other messages in this thread:

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Martini, you like this? - GoneFishin - 10/11/2008 8:20:24 PM

Martini, you like this? - MartiniMan - 10/12/2008 8:39:25 AM

Martini, you like this? - Swimmer27 - 10/12/2008 4:03:32 PM

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