The U.S. House of Representatives voted 235-173 in favor of the Small Business Tax Cut Act last week, which reportedly would cut $46 billion in taxes for American employers and help small businesses keep more of their money. The measure would let employers with fewer than 500 workers deduct 20 percent of their domestic earnings this year, a calculation that would let businesses show a smaller income before determining the taxes they owe. The White House has threatened to veto the measure, which now moves to the Senate.
 |
This article originally ran in NATSO News Weekly (NNW). NNW, NATSO's electronic newsletter, is packed with the latest updates on government and business issues affecting the truckstop and travel plaza industry. Every Monday it is emailed to NATSO members only. If you aren't reading NNW, you are missing out. If you are a member and not receiving NNW, submit a request to be added to the email list. Not a member? Join today or submit a request to receive additional information. |
Subscribe to Updates
NATSO provides a breadth of information created to strengthen travel plazas’ ability to meet the needs of the travelling public in an age of disruption. This includes knowledge filled blog posts, articles and publications. If you would like to receive a digest of blog post and articles directly in your inbox, please provide your name, email and the frequency of the updates you want to receive the email digest.
