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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (127112)	7/24/2005 1:08:08 AM
From: Peter Dierks	Respond to of 793717

You make the case for small business tax cuts effectively. As you said most repaid business growth comes from small entrepreneurs.

To: Ilaine who wrote (127112)	7/24/2005 3:13:55 AM
From: KLP	Respond to of 793717

Small businesses create the most jobs. The National Chamber of Commerce, and I believe, ALL the State and Local CofC's have known that for more than a decade or two.... The only people that don't seem to know it are the people who have never worked on their own or have only worked in a government paid position for their career. Small business IS THE engine of growth for the US. You are 100 % correct.

To: Ilaine who wrote (127112)	7/24/2005 8:34:01 AM
From: JohnM	Read Replies (1) \| Respond to of 793717

Oh, I have no problem with the concept of targetted tax cuts. That's quite different from the Laffer curve arguments. I can imagine targetted tax cuts in two modes: focused on restarting industries in trouble, or, in a Keynesian argument, to restart the economy. In both the argument is that any increase in tax revenues would be a bonus, not the rationale for the cut. Targetted tax cuts for small business makes sense given certain economic conditions. I have no idea whether the present is a good time for such or not.