Government, Politics and the Economy
Democrats Offer Mixed Signals on Deficit
President Obama may have called for legally binding measures to enforce spending restraint, but both his congressional allies and his own actions are threatening to undermine his effort. WSJ.com
Healthcare Bill Raises Taxes by $600 Billion
House Democrats have drafted healthcare overhaul legislation that includes $600 billion in tax increases and $400 billion in cuts to Medicare and Medicaid. According to Ways and Means chairman Charles Rangel, the total cost of healthcare reform will top $1 trillion. Bloomberg.com
Management and Operations
By Charles M Cooper · June 12 2009
small business brief, marketing, small business, economy
Government and Economy
Bill Could Make Healthcare Cheaper for the Self-Employed
The measure under consideration would put an end to the FICA tax on health insurance premiums for the self-employed, making them more affordable and leveling the playing field with other businesses. WRN.com
Startups May Get Big Tax Break
New, bipartisan legislation proposes to amend the IRS code to allow new businesses to write off more of their operating costs. The Small Business Formation and Job Creation Act, would raise the start-up business deduction from the current $5,000 to $20,000. WSJ.com
By Charles M Cooper · March 20 2009
small business brief, marketing, small business, economy