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    I listened to the debates last night and I listened with more interest as Mr. Obama spoke about small business and the tax break for those under the $250,000.00 mark. Mr. Obama fails to realize just what classifies a small business.

    Let’s take a look at the income of what the SBA (Small Business Administration) considers the income of some small businesses. From the SBA’s Table of Small Business Size Standards Effective August 22, 2008

The entire list in PDF format

    The numbers are in millions of dollars so that means if we see a $0.75 the real dollar figure to make that business a small business is $750,000.00 or less (three times the amount of Mr. Obama’s $250,000.00)  or it is represented by a number of employees that is

Plumbing, Heating, and Air-Conditioning Contractors 14 million dollars

 (No tax break for Joe the plumber as Mr. Obama wants the public to believe.)

Most Farming Operations $0.75M or in real figures $750,000.00

(Sorry no tax break for mom and pop farmer just higher taxes. Don’t worry you can just increase your price and pass on the higher taxes to the consumers)

Most Fishing or Hunting Operations $4 or $4,000,000.00

(Sorry most of you fishermen you don’t get a tax break either hey just pass on any tax hikes to the ones that got the tax breaks so their food costs can go higher)

New Single-Family Housing Construction     $33.5 or 33.5 million dollars

(Well there goes new home prices as the builders get taxed higher we know they pass that on to the consumer.)

The same holds for residential remodeler. If they are making less than 33.5 million dollars per year they are a small business somehow they are out of that $250k by 134 times.

The list goes on and on and I am sorry anyone that employees even 10 or more people is doing more than $250,000.00 in business per year but still will not get Mr. Obama’s tax break to help small business.

So there you have it in black and white from the SBA themselves. Mr. Obama is not about giving a tax break to small business he is about taking from those that are your employers which will in turn either make your costs increase or will put your jobs in jeopardy because your employer has to pay higher taxes so he has to make some sort of cut.