Election season ends with voters deciding next president

November 1, 2008 By    

The Small Business Council believes Obama’s energy plan would harm small businesses.

Amid an unstable economy and a nation skeptical about the future, voters headed to the polls this month to decide the next president.

 Obama
Obama

At press time, candidates Barack Obama and John McCain had wrapped up their third and final debate and were completing three final weeks of campaigning.

McCain
McCain

Energy and the economy have been hot sources of debate throughout the election season, with health insurance getting its share of attention.

Presidential election 2008 Obama vs. McCain
Presidential election 2008 Obama vs. McCain

Small business organizations have weighed in on these topics, which would affect how many propane companies operate.

Net Imports and Domestic Petroleum as Shares of U.S. Demand
Net Imports and Domestic Petroleum as Shares of U.S. Demand

The nonpartisan Small Business & Entrepreneurship Council commended the candidates for discussing small business in their final debate. But the council was critical of some of Obama’s comments, suggesting he would raise taxes on small businesses.

Sources of U.S. Petroleum Imports
Sources of U.S. Petroleum Imports

Obama said he plans to extend tax cuts for households earning less than $250,000. McCain largely shares the position of keeping the Bush cuts in place permanently.

Obama plans to require all companies to offer health insurance or contribute to employee coverage. Small businesses would not have to provide coverage, but they would be offered a tax credit to encourage them to do so. McCain, meanwhile, would allow for greater flexibility for individuals to buy health insurance from anywhere.

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