Grow your business with help from your own tax dollars.
Sen. John Kerry's BRIDGE Act isn't about building the next Golden Gate, but it may help entrepreneurs seize golden opportunities.
The BRIDGE (Business Retained Income During Growth and Expansion) Act would allow businesses to access capital by temporarily deferring a portion of their taxes. The deferral would be limited to $250,000, repayable with interest over four years. Because of interest, the bill actually generates a net gain of $1.1 billion over 10 years.
Continue reading this article -- and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!