Small business owners in Alabama are expressing optimism about the future under the Trump administration and a Republican-controlled Congress, particularly concerning tax policies and regulatory burdens.
Mike Cason reports on the optimistic outlook of small business owners in Alabama following the election of Donald Trump and a Republican-controlled Congress. Rosemary Elebash, Alabama director of the National Federation of Independent Businesses (NFIB), highlights the importance of preserving the small business tax deduction , known as the Main Street Tax Certainty Act, which is set to expire. She argues that making this deduction permanent would benefit businesses and communities.
The NFIB also supports the repeal of the Corporate Transparency Act, which they view as burdensome for smaller companies. Elebash cites an NFIB survey showing increased optimism among members following the election results, attributed to the shift in political control
Trump Administration Republican Congress Small Businesses Tax Deduction Corporate Transparency Act
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