@ican711nm,
As small business owners, we pay 15.3% in estimated taxes right off the top of all profits--we receive no benefit from these and they are nonrefundable-- PLUS state and federal income tax PLUS if we earn $30k or more. we also pay income tax on some or all of our social security benefits. If we have employees, we are assessed mandatory percentages for state and federal unemployment, work comp, and general liability depending on how much we pay them plus 7.65% of their gross wages in FICA. If Obamacare goes through, we will also be required to furnish employees health insurance or pay a substantial fine/fee for the government to insure them and it is a near certainty that most or all taxes will go up.
(Needless to say, there wouldn't be any employees even if we decided to expand, and I'm hearing all over the county that if Obamacare goes into effect a whole bunch of other small businesses will be laying off all employees too.)
The big corporations love it though because they already have to offer good benefit packages to compete with each other, this won't cost them any more, and it will eliminate much or most of their competition from smaller businesses.
The way it is shaping up, it could get really ugly.