U.S. Sen. Baldwin: Introduces bill to give small businesses, entrepreneurs $50,000 tax break

WASHINGTON, D.C. – U.S. Senator Tammy Baldwin (D-WI) introduced legislation to provide tax relief to entrepreneurs looking to start a small business and reduce barriers for startups. The Tax Relief for New Businesses Act would increase the startup tax deduction from $5,000 to $50,000 and allow businesses to write off more expenses to compensate for the increasing cost of starting a ...

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