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Small businessmen press for larger share of economic gains
New York reports small business groups led by the National Small Business Association press for further tax relief after passing the Emergency Tax Reduction Act. They credit gains to cuts in rates for firms under 25 000 and 50 000 pretax income, arguing permanent changes are needed to counter perceived bias toward big business. The group cites 10.5 million firms employing 65 percent of nongovernment workers and urges sustained policy action.
MENTIONED IN THIS ARTICLE
New York
National Small Business Association
Association
Milton Stewart