A sizeable and growing portion of these are by owned by women. An additional 112,000 Iowans are self-employed. One especially important provision would make the cost of health insurance fully deductible for small businesses, self-employed and other Iowans who buy their own insurance. This is only fair, because big companies have been taking this deduction for years and passing along the cost savings to their employees. Full deductibility would enable more small businesses to provide health insurance benefits for their employees.
Many businesses are family affairs.
Sons and daughters, nieces and nephews, often work along side the owners to build the business. The Taxpayer Relief Act of 1998 contains many provisions to simplify the tax code and eliminates the need for some tax forms. Through the cloud of campaign-style rhetoric, the benefits of the Taxpayer Relief Act clearly emerge. I hope that my colleagues in Washington will act to protect the surplus from the spenders, shore up Social Security, and provide taxpayers much deserved relief. It s good for small business.