Just thought I would post this piece up if you're one of the undecided and are a small business owner or are thinking about getting into running your own small business:
Why Asian American small business owners should vote for Obama
According to last month's National Asian American Survey [pdf], 41 percent of Asian Americans support Barack Obama while only 24 percent support John McCain. But 34 percent remain undecided. If you happen to have undecided friends or relatives, particularly those who own small businesses, feel free to pass on this last minute debunking of Republican misinformation about Obama's tax plans.Read the full article here.
The short version? As far as I can tell, the vast majority of small businesses that employ ten or fewer employees not only won't see their taxes increase, but may actually reap tax benefits under an Obama Administration.
The longer version? Read on. And please post in the comments if I've missed anything or made any mistakes. (And non-Asians, come on in, the water's fine! Most of this information applies to every small business owner.)