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The Canadian Prime Minister Mark Carney to visit the White House in the middle of trade voltages

The Canadian Prime Minister Mark Carney to visit the White House in the middle of trade voltages

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A group of Senate Democrats from which many won in the 2024 elections presented a legislative template to help small business owners by expanding the tax credit of the startup from $ 5,000 to $ 50,000, which reflects a popular campaign path of the former Vice President Kamala Harris.

The announcement of tax relief for new companies that were initially shared with NBC News comes from a group of Democrats, which includes Sens. Jacky Rosen from Nevada. Jeanne Shaheen from New Hampshire; Tammy Baldwin from Wisconsin; Ruben Gallego from Arizona; And Elissa Slotkin from Michigan.

Democrats are looking for an effective counter-mood for the Trump government in the economy, a topic that is most important for voters for voters last year.

Trump told NBC News' Kristen Welker during an interview about “Meet the Press” that small companies “do not need to relieve tariffs”. “You will make so much money,” said Trump.

But many small business owners advocate help from the Federal Government, including several that Senate Minister Chuck Schumer, DN.Y., and Sen. Ed Markay, D-Mass, a press conference with Democrats in the Capitol to draw attention to their cause.

The group of Democrats was accompanied by small entrepreneurs from all over the country, including Beth Benike from Minnesota, who said

“I may still have two months in the value of my warehouse in Minnesota, and if that's gone, I have no more income. I can't pay my employees. I can't pay my bills. I cannot pay for the loans that I have prescribed my house so that we can lose our house,” said Benike. “So I ask to beg to support support from both sides of both parties to support our small companies and to remove these tariffs for small companies in the USA.”

In a statement, Rosen said that the legislation is important “[e]Especially now in a time of increasing economic difficulties and uncertainties. “

Your calculation would change the Internal Revenue Code from 1986 to increase the restrictions on deductible new business costs. Without Republican Buy-in it will probably not go in the GOP-controlled Senate and in the house.

The majority leader of the Senate, John Thune, Rs.d., and the spokesman for the House of Representatives Mike Johnson, R-La.

“I think his political decisions are the right ones. And I think that fruits will bear over time,” Thun told reporters last week during a press conference.

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