The package includes top small business priorities Rep. Talent has been fighting for years. Talent is enthusiastic about this legislation that would level the playing field for small businesses.
Small business are the engine of our economy.
Yet, all small businesses face a tax system that not only overburdens them, but demoralizes these honest, hard-working people. It is only right to provide some relief. The 'Small Business Tax Fairness Act' would give small businesses relief from some of most unfair burdens in the tax code. In addition, the bill provides the work opportunity tax credit to employers who hire individuals who live and perform most of their work in a renewal community. Although this outrageous disparity will be corrected by 2003, it's not soon enough for people who get ill today.