I am seriously considering buying a business. If the tax rate is going to jump 10% next year, I cannot afford it. If federal regulations regarding firearms change (it's a shooting range), I cannot afford it.
So, I'm not buying yet. I'm waiting to see what the political climate looks like after the election. Which means the 4 to 5 employees I would be hiring get to sit at home.
And it's like this all across the country. Entrepreneurs are ready to go to work, but we're not sure the time is right, what our taxes will be, or if regulations will even allow us to do business.