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 ...
P!
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.
Until election season comes around.:-)
“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?
Obama’s burdensome policies still growing.
Cheater = Feds.
Thief = Congress.
Con artist = Piss-Stream Media.
Throw 'em all out.
Agree 100%
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.
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!
Sorry...make it a point to never read the WaPo, at what point do they claim it’s Bush’s fault?
Our small business feels like it’s in a Death Grip!
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