Will Obama's tax plan result in businesses laying off workers and reducing pay?

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celebrate	No, don't worry about one word or idea, look at the whole picture..Obama has great economists that worked with Clinton. look up Bill Clinton accomplishments & you will see how many jobs were created...we will rebuild he foundation jobs, health, education then people will get off of welfare & they will be paying taxes & this circulation will improve the economy. We have to see this as one whole picture that functions instead of just focusing on the friends of the person in office which is what Bush has done & that is why we have the war the economic mess, etc. It will all work out with Obama & taxes are not going to be a big deal..he actually wants us all to get some money to help with the gas & high prices. Was this answer helpful to you? Yes / No

Jon	No Was this answer helpful to you? Yes / No

gluebluish	no they have plenty of money as it is to keep workers on the payroll. remember oil companies have had record profits consistently just this year. Was this answer helpful to you? Yes / No

۩ Jerry ۩	No more than McCain's plan of taxing heath benefits for the first time ever cause more people to slip further into poverty Was this answer helpful to you? Yes / No

Jen	Not as dramatically as wailed about by desperate posters here. Some belts will need tightening, but he will reduce and redirect more than just slash and burn. Was this answer helpful to you? Yes / No

Ashangulit	No, not really. Most business small business don't make above $250k. There is also small businesses tax credit; which it will help small business no to pay high taxes. Was this answer helpful to you? Yes / No

kiarasherice	no Was this answer helpful to you? Yes / No

Jesse S	No, not at all if anything the Union's that represent the people of that company will become stronger which is a problem right now because of Bush. When the Unions are stronger than can negotiate for better pay rates and better benefits. And Obamas tax plan is to tax heavier on people making over 250K and not give billion dollar tax breaks to gas companies which are receiving all of America's money anyway. Plus small business's usually dont make over 250K a year so they would not be placed in the heavier tax bracket. But as of right now no one knows how heavy the tax would be on those people but it would not cause them to go bankrupt or have to lose employees. Was this answer helpful to you? Yes / No

U mAkE mE rOaR!!	i think so... http://answers.yahoo.com/question/index?qid=20081013175411AAVTv5z Was this answer helpful to you? Yes / No

roxy	Yes it will. Obama's new tax schedule came out today. $40,000 to $64,000 taxes raised up 20%. $65,000 up to $249,000 decreased 20%, and $250,000 and up increase 20%. Capitol gains taxes on everyone's 401k will raise 40%. Small business, Middle Class, and poor will make up the deduction of the tax cut for the Middle class. Matter of fact, we all will be paying more taxes from what I have seen from his new policy. I think we are screwed! Was this answer helpful to you? Yes / No

chicago. bears. rock.	people on here lie Was this answer helpful to you? Yes / No

charliman2000	I can tell you that as a consultant, I have been thinking of adding a few people to assist me but this would bring me above that limit and thus will not be worth doing. So I don't think it will effect established businesses as much as it would start ups. Was this answer helpful to you? Yes / No

stone217	Better hope not since its him and his buddy dems that put us in this hole in the first place. GoGo Mccain.. watch this VID ITS GREAT http://www.youtube.com/watch?v=_MGT_cSi7Rs Answer my question please! http://answers.yahoo.com/question/index;_ylt=Aj7AgegzKge66wNSDEu0zvHsy6IX;_ylv=3?qid=20081013180518AAedK2C Was this answer helpful to you? Yes / No

kate	Our republican regime already has done that , Where you been ? > Was this answer helpful to you? Yes / No

Mel	No. It will create jobs when the middle class has buying power again- thus creating the need for a larger work force. Businesses will pay their fair share of taxes. Was this answer helpful to you? Yes / No

Foxes	Absolutely I taught college level economics and I don't lie. Was this answer helpful to you? Yes / No

raging_stalin	Smaller ones yes. Larger ones no. Was this answer helpful to you? Yes / No