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What's the Plan?

How President Bush's second term agenda will affect you

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This story appears in the January 2005 issue of Entrepreneur. Subscribe »

In President George W. Bush's second term, business owners can expect a carry-over of his earlier tax themes: He'll push to make his income tax cuts permanent, pursue a permanent repeal of the estate tax, and back an expansion of health savings accounts.

The first two have a limited impact on small businesses, though. Indeed, about half of small companies will receive between $0 and $500 from the tax cuts enacted in 2003, according to the Center on Budget and Policy Priorities, a think tank in Washington, DC, while the estate tax repeal primarily benefits the wealthiest.

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