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The federal government today passed a bill designed to spur small-business lending by providing financial incentives to banks that make loans to smaller companies, marking a victory for President ...
Obama presents his first weekly address as President of the United States on January 24, 2009, discussing the American Recovery and Reinvestment Act of 2009 Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. 2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.
House – $5 billion to extend a provision allowing businesses buying equipment such as computers to speed up its depreciation through 2009. Senate – Similar. Money-losing companies House – $15 billion to allow companies to use current losses to offset profits made in the previous five years, instead of two, making them eligible for tax ...
The federal government should give tax breaks to small businesses in order to hasten job creation, President Barack Obama said Tuesday as part of his latest plan to fight stubbornly high unemployment.
The top marginal tax rate on income of 39.6%, provided for under the expiration of the 2001 portion of the Bush tax cuts, was retained. This was an increase from the 2003–2012 rate of 35%. [3] The top marginal tax rate on long-term capital gains of 20%, provided for under the expiration of the 2003 portion of the Bush tax cuts, was retained.
In an attempt to help spur hiring and cut the unemployment rate, President Barack Obama on Monday pushed Congress to make the small-business bill a priority when it returns from summer break next ...
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