In Obama’s Tax Plan These are the Small Businesses who's Taxes will go UP!

This is a list of what makes up a small business.   Any business larger than these are considered a large business.

The US Small Business Administration (SBA) defines a “small business” according to its average annual receipts or the number of its employees. Here are examples from the SBA’s Table of Small Business Size Standards setting forth the maximum average annual receipts by industry that a business can have and still be classified as a small business:

• Crop production of all types — $750,000
  
• Animal production except for cattle & chicken/eggs — $750,000
  
• Cattle feedlots — $2.5M
  
• Chicken/egg production — $12.5M
  
• Forestry & logging — $7M
  
• Fishing — $4M
  
• Irrigation, sewage, water supplies — $7M
  
• Housing construction — $33.5M
  
• Heavy and civil engineering construction — $33.5M
  
• Dredging and cleanup — $20M
  
• Concrete, framing, and other housing contractors — $14M
  
• Car dealers — $23-29M
  
• RV, motorcycle, & boat dealers — $7M
  
• Furniture, hardware, clothing & sporting good stores — $7M
  
• Electronic stores — $9M
  
• Supermarkets, gas stations & department stores — $27M
  
• Pharmacies — $7M
  

Small businesses are vital to the American economy and Americans’ livelihoods, and it sounds like Obama wants to tax as many as he possibly can.