Good News, At Last, On Small-Business Taxes

Finally, Thumper can say something nice about Congress and its tax proposals for small business. On the Senate floor this week is the Small Business Jobs Act of 2010 that is easily the best tax news for small businesses in a month of Sundays. This legislation, introduced by Sens. Baucus, D-Mont., and Landrieu D-La., and with a strong assist by Sens. Grassley, R-Iowa, and Snowe, R-Maine, provides--finally--strong tax benefits to small businesses as well as efforts to improve access to credit.