According to the www.barackobama.com website, the "plan" is:

Support Small Business
Provide Tax Relief for Small Businesses and Start Up Companies: Barack Obama and Joe Biden will eliminate all capital gains taxes on start-up and small businesses to encourage innovation and job creation. 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. A capital gains tax is a tax on things like the profit realized on the sale of a non-inventory asset that was purchased at a lower price, or the capital gains realized from the sale of stocks, bonds, precious metals and property. So, if the start-up or small business is a commodities trader or something like it, reducing cap-gains-tax means something, and how many businesses do that? As far as $500 tax credit, the administration cost to document the credit and show compliance hasn't been estimated, but my past experience is that compiance/documentation costs often are the killers for all businesses, large and small. As far as eliminating half of the Social Security contribution (either the employee or employer piece) for small business owners, no one has estimated what impact that would have on Social Security itself, let alone the fact that it would penalize larger businesses by making them less cost-competitive (causing more labor problems) and driving them further off-shore.

Create a National Network of Public-Private Business Incubators: Barack Obama and Joe Biden will support entrepreneurship and spur job growth by creating a national network of public-private business incubators. Business incubators facilitate the critical work of entrepreneurs in creating start-up companies. Obama and Biden will invest $250 million per year to increase the number and size of incubators in disadvantaged communities throughout the country. We already have this in entirety. It's called the Small Business Administration and it has a myriad of leverage programs, training and advocacy that's been instrumental since its inception. The SBA's 8a program, hub-zone concept and mentoring teams do all of this now, so what's new?

If that's the "plan," it's basically robbing Peter to pay Paul on the tax side, short-changing Social Security on the short-term and increasing obligations on the long-term, providing tax breaks on profits for commodities dealers, and re-imaging an already existing agency (the Small Business Administration) like it's not there now. That's a good deal ?