What's the Plan?
How President Bush's second term agenda will affect you
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.
Continue reading this article - and everything on Entrepreneur!
We make some of our best content available to Entrepreneur subscribers only. Become a subscriber for just $5 to get an ad-free experience, exclusive access to premium content like this, and unlock special discounts.
Entrepreneur Editors' Picks
How Millionaires Prepare for a Recession, According to a Former Wall Street Trader
5 Self-Care Habits of Every Successful Entrepreneur
Listen Closely to What People Ask You. That's Where to Find Your Hidden Power.
Gen Z Customers Want More. This 3-Step Strategy Will Help Your Company Give It to Them.
This Founder Was Madly Pulling a Pandemic Pivot When...the FBI Showed Up at Her Door With Guns, Seized Her Money and Told Her Husband He Was the Target of a Criminal Investigation
Take Customer Service to the Next Level With These Service-Based Franchises
Define Your Short-Term Goals With These 3 Components for Long-Term Success