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Texas health care costs regulations all big worries for small businesses so what do American business owners expect to see from President Obama in the next four years.
That the -- as a CEO of talking points and new media technology company he joins -- nice CNET aggressively to -- me back.
Two quick questions out what would you like to see the president do for small business the next four years and what do you expect that's gonna happen and then exploring where I.
-- like to -- is lower taxes and less regulation but I don't expect to see that from this administration.
So it was definitely -- -- New Year's -- for most small business owners across the country because we kept one eye on the the ball in Times Square coming down and we get another -- On -- the reports coming from Washington.
As to what the negotiations were for the for the fiscal cliff.
And when we return back to work on January 2 our first call was to our tax -- -- tax advisors across the countries their phones are ringing off the hook on January 2 morning.
All of us to learn what was going on in terms the new legislation.
-- so I'm curious -- it what would you like to see the Republican House do.
When it comes to question of the debt ceiling in recognition of all -- -- economic and all these decisions have an impact on small businesses and the fact that we have gridlock in DC you wanna see them work more with the present try to.
-- you do get a solution that's maybe.
The little lesson next thing you know what the president wants -- -- you want them to dig their heels in the ground and fight it fight it tooth and -- Well I think they have -- -- keep their principles but they also have to understand they only control 13 of the government.
So I think they have to work with both the senate and they have to work with the president to come come to a resolution.
And the first thing -- legacy -- the senate to pass a budget the senate hasn't passed a budget in over four years at this point.
So I think what's gonna happen on a debt ceiling is is they're good they're gonna vote to extend the debt ceiling for a couple of months.
And I think that's good we we don't want to be in a situation where -- defaulting or does the threat of default.
Bombed but I think they need to tie that back to something and maybe it's not the big and grand bargain with the entitlement plans right now.
But I think -- minimum they have retired back to getting a budget on the senate I think that begins a conversation.
It seems to -- that the one of the largest prompted this -- -- -- happened it -- if I'm wrong is that there's just no certainty because congress and the president -- make up their -- to bring everything to the brink and then they just pass something for three months you really don't know what's gonna happen with our tax structure of the debt ceiling breaking up.
MI -- the fact that they really don't even sit down and make decisions as to the lack of certainty has an impact on your ability make business decisions.
We'll see things one is a lack of certainty that things we are certain -- aren't so great for small business.
And I hate to keep being a dead horse but obamacare is probably one of the biggest job killers that we have.
In America -- -- -- release -- small business and you're gonna see the dynamic over the next year or so small businesses are gonna do everything they possibly can decrease their headcount.
-- hit with headcount comes liabilities associated with with payroll tax and also DOD obamacare penalties.
And -- what give any idea what you're doing your business -- for things that'll probably happen with small companies is going to be more outsourcing.
People who try to get less people on the payroll so they did all -- -- -- the increase payroll taxes and you don't necessarily have to be subject to the penalties obamacare.
You're gonna see a lot of contractors being hired understand ninety -- So once again they -- -- -- headcount and you're gonna see a lot of part time employees people are not gonna hire full time employees are gonna hire full time equivalents -- be a combination of multiple part timers making up.
And actually for what used to be full time employment.
And all -- have negative impact.
Nick -- -- thanks for giant -- strata.
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