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News & Press: Policy News

Small Business Tax Cut Bill Passes In House

Thursday, April 19, 2012  
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A bill to cut small business taxes by 20% passed in the House of Representatives today by a vote of 235 to 173. H.R. 9, introduced by House Majority Leader Eric Cantor (R-VA), reduces the taxable income of business with less than 500 employees. However, the White House has threatened to veto the bill if it makes it to the President’s desk. To read more, click here.

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