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Tax equity is the current rallying cry of small-businessinterest groups. They want small firms to enjoy the same taxtreatment and incentives that larger businesses receive. NationalSmall Business United (NSBU) recently released a report identifyingprovisions of the tax code that discriminate against smallbusinesses. For example, when Congress tried to help smallbusinesses start pension plans, they created SIMPLE plans."Yet big business 401(k) plans allow annual employeecontributions 57 percent greater than SIMPLE plans," the studyfound. It's time to close the gap, NSBU asserts.
Here are some other examples of how lawmakers can level theplaying field:
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