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Recommend possibble measures or strategies of taxation that may boost business growth and development? |
Recommend possibble measures or strategies of taxation that may boost business growth and development? Give small businesses tax cuts. They would be able to spend the money on the company or employees, who would then in turn spend more money in local economy. More money in the local economy will allow the business to expand into bigger markets. oh, you mean gouge the middle class some more to fill your own pockets? Hope you choke I would call Nevada Corporate Headquarters, get your business Incorporated and use the corporate tax strategies that the law allows. I use them with excellent success. http://www.nchinc.info/ Depends on so many other conditions. Right now, the U.S. government is bound and determined to believe that cutting taxes to the bone is the way to spur growth - but the massive deficits and continued spending on required services is causing this growth to reach its limits. In the early 1990s, the U.S. government actually raised taxes, lowered the deficit, and saw handsome growth throught most of the 1990s, finally slowing in 1999 as productivity reached its natural limits under full employment. Conservatives out there, don't overreact to this - there are certainly times when tax-cutting is a sound growth strategy. Just not today. |
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