President proposes boosts for small businesses
Washington Post - The President's proposals, which build on the Startup America initiative the administration launched last year, include eliminating taxes on capital gains from investments in small businesses, providing a 10 percent tax credit for companies that create jobs or increase wages this year and ending country-specific immigration caps in order to attract highly skilled workers. Also this month, the President asked Congress to give him the authority to restructure government agencies to streamline regulatory requirements for small businesses, and he elevated the director of the Small Business Administration to Cabinet level to emphasize his commitment. Read more ...
