I manage a small business with 5 employees (I am one of them). Each employee (including me) earns about $50,000 a year. Unfortunately, under the new Obama tax plan, we will be hit hard because our salaries alone total $250,000. This doesn't include the operating expenses associated with running a business (rent, electricity, services, medical benefits, etc.). Our business turns a net profit, but it is not sizeable (maybe $3,000 a year). The main reason the business exists is to provide jobs for the employees. I **** to fire employees that have been doing a great job, but I cannot see any alternative. After being hit by Obama's tax we will be in the red each year. I would consider a single person who has $250,000 at their disposal to be somewhat wealthy. A business with a mere $250,000 can barely survive in today's world of inflation. It's a shame that so many American's have voted to destroy small business. Firing employees that have done a great job just isn't right. Unfortunately, I think we will have to just cut our losses and go out of business before we go into debt.