Choice Cuts
Action on Capitol Hill this year could leave you with a larger after-tax share of the profits.
The tax burden facing entrepreneurs is a heavy one. Indeed, some on Capitol Hill say entrepreneurs are the most overtaxed group in the United States. To help on this front, congressional leaders have set forth an agenda to bring about some long overdue relief. President Bill Clinton has also proposed some tax-related measures as part of his fiscal year 2000 budget package, including several tax credits that Congress typically renews each year.
Joan Szabo is a writer in Great Falls, Virginia, who has reported on tax issues for more than 13 years.
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