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Small business gains from tax package and rate cuts
The tax bill offers for small firms a permanent personal tax cut averaging 25 percent over three years, plus accelerated depreciation for plant and equipment and a first year write off for new or used property. It also eases estate taxes and expands earnings, shareholders, and inventory methods for corporations.
MENTIONED IN THIS ARTICLE
Sally Jacobsen
Associated Press
Washington
Congress
Commerce
Malcolm Baldrige
Governors
Federation of Independent Business
National Federation of Independent Business