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Businesses hate higher taxes but say they'll take the hit

New York (CNNMoney) - They hate the idea of higher taxes, but some small business owners say they can handle paying a little more.

That's how they feel about President Obama's plan to raise tax rates on income above $200,000, which would mean a higher tax bill for some businesses, including the Uptown Cheapskate retail franchise started by Chelsea Sloan.


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