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| ABOUT | ||
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| SMALL BUSINESS TRENDS brings you daily updates on trends that influence the global small business market. | ||
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Anita Campbell, Editor |
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| Past life: CEO, corporate executive, tech entrepreneur, retailer, general counsel, marketer, HR ... (more) | ||
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Small Business Trends Radio Tuesdays, 1:00 PM Eastern U.S. time on Voice America network Click to listen November 1st: Torsten Jacobi, CEO of Creative Weblogging, joins host Anita Campbell. Sponsored by Six Disciplines. Show details. |
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Friday, January 23, 2004 | |
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U.S. Policy Emphasizes Small Business | |
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U.S. President George Bush has been making it a point to single out small business in his most recent speeches. This is an extension of the White House's stated policy of support for small business.
For instance, here is an excerpt from his address on January 23, 2004 before the U.S. Conference of Mayors:
When more people own a small business, when people are starting their own business, when people are creating small businesses, they're creating jobs. They're not only creating a more vibrant and hopeful community, more jobs are being created. And the tax relief we passed was, in part, aimed at small businesses -- for this reason: Most small businesses are sole proprietorships or sub-chapter S corporations. And they, therefore, pay tax at the individual income tax rate. And so, therefore, when you reduce individual income taxes, you're injecting capital into the small business sectors of America's cities. The entrepreneurial spirit is strong in America. You know it as well as I do. The desire for some to own their business is strong. And the tax relief we passed helped invigorate that spirit."
Our agenda for jobs and growth must help small business owners and employees with relief from needless federal regulation, and protect them from junk and frivolous lawsuits."  Here at Small Business Trends we do not take political stands. Our goal is not to advocate for a particular political party or particular candidate, or even to focus on a particular country. Our mission is simply to identify trends that impact the small business market -- worldwide. So in that light we consider it important to comment when the leader of the world's largest economy demonstrates the significance of small business by singling it out for support. In and of itself, that is a key trend in the small business market. We'll leave it up to the individual reader to decide whether the President's policies will achieve the desired results. |
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