Inauguration Day 2009-Obama Sworn in

President-Elect Barack Obama became America's 44th President
today, Inauguration Day 2009.

The 56th Presidential Inaugural was on Tuesday, January 20th.

The Inauguration took place on January 20, 2009 in Washington D.C.
on the steps of the United States Capitol. Obama made it official
when the President-elect took the oath of office, following the
Vice President-elect Joe Biden who had already taken a similar oath.

'We must pick ourselves up'

President Obama and Vice-President Biden will now set out on a
plan to revitalize the economy.

One aspect of the Obama-Biden Plan will focus on small business
taxation...

Zero capital gains rate for investment in small businesses: Barack Obama and Joe Biden believe that we need to encourage investment in small businesses to help create jobs and turn our economy around. That's why they will eliminate all capital gains taxes on investments made in small and start-up businesses. They also want to cut taxes for the small businesses that create jobs but are struggling with restricted access to credit on top of skyrocketing health care and energy costs.

Obama and Biden will also support small business owners by providing a $500 "Making Work Pay" tax credit to almost every worker in America. Self-employed small business owners pay both the employee and the employer side of the payroll tax, and this measure will reduce the burdens of this double taxation.

As a smaill business entrepreneur, you may well want to follow
the changes and progress of the new economy plan.

Another aspect that could effect growing your business is focused
on SBA (Small Business Administration) Loans:

Address the credit crisis facing our small businesses: To address the massive credit crunch that is threatening America's small businesses, Barack Obama and Joe Biden are proposing two immediate steps: (1) a nationwide emergency lending facility for small businesses that could be run through the SBA's Disaster Loan Program, which helped thousands of businesses in the wake of 9/11; and (2) temporarily eliminating fees on the SBA's 7(a) and 504 loan guarantee programs for small businesses, to help increase private lending for small businesses.

Now that the 2009 Presidential Inaugural is over, it is time for the
new Obama Administration to swing into action.