WASHINGTON, D.C. – A Congressional panel today took the first step toward updating key Small Business Administration (SBA) programs that provide counseling and technical services to budding and established entrepreneurs. During a hearing of the House Small Business Committee’s Subcommittee on Rural Development, Entrepreneurship and Trade, Members of Congress said that the SBA’s Entrepreneurship Development [...]
April 2, 2009
…But will it work?
U.S. President Barack Obama,left. smiles with Italian Prime Minister Silvio Berlusconi, centre, and Russian President Dmitry Medvedev during a group photo at the G20 Summit in the Excel centre in London, Thursday, April 2, 2009. The objective of the London Summit is to bring the world’s biggest economies together to help restore global economic growth [...]
April 2, 2009
Effective Federal Income Tax Rates Faced By Small Businesses
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Overall Findings
While they are very widely referred to, the statutory tax rate does not represent the most useful measure of the effect of taxes on businesses. The effective tax rate captures the actual rate paid by businesses. The authors estimated that small businesses pay an average effective federal income tax rate [...]
