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Obama tax breaks : Limited help for small biz

Shared by Buywuwant on Fri Sep 10, 2010 8:52 am
NEW YORK (CNNMoney.com) President Obama's plan to offer $200 billion in tax breaks for business that invest in plants and equipment would likely have only a limited impact on most small business , experts say . Obama has been pledging for months to help small firms , but a small business jobs bill that could unlock credit and spur hiring has gotten stuck in congress . Legislators vow to take it up next week . Source: http://money.cnn.com/2010/09/08/smallbusiness/small_business_obama_tax_breaks/index.htm

Community Members Opinion

sara

Joined: 05 Jul 2006

Moderator
Posts: 2699
Location: New Brunswick, New Jersey

497.27 Dollars($)

Posted: Sat Sep 11, 2010 2:41 am Post subject:

Thanks for sharing the news with the community, Buywuwant This new proposal will help the new businesses to write off the full amount of capital investments made through the end of 2011. The new plan will help the businesses to get back a chunk of cash all at once. Experts are of the opinion, that the money can then be used by them to stimulate the economy.

buywuwant

Joined: 03 Sep 2010

Posts: 16

2.58 Dollars($)

Posted: Sat Sep 11, 2010 4:03 am Post subject:

Thanks Sara I love to share any news with the community as there are great forums rich with information that help alot of people . _________________ Your help has saved my life ! The weight of the world has been lifted off of my shoulders ! Thank you , Thank you, Thank you ! I am so amazed that a random internet search found me the help I needed .


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