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I heard something on Rush about Obama reducing deductions for charity and mortgage interest. Is Obama going to take away some small business deductions as well? I have considered starting a business but I do not see how I would be able to survive the first year without writing off the cost of starting up and asset depreciation. Please tell me it ain't so!
That's what Obama is proposing in his budget. It's supposed to help pay for part of the Universal Health Care he is proposing as well as his "cure for cancer". He said there will be a fight from the Repubs but his message is, he is ready for the fight too.
Here is the change THEY voted for. Welcome to the New Anerica.