HB+48


 * Number**: HB48


 * Sponsors**: J Rusk, P toposci


 * Topic:** Economy

**Eligibility:** The goal of this bill is to lower government taxes. This bill will allow businesses to keep more of their profits to invest in expanding their businesses. Without this tax relief, business owners would be forced to send a higher percentage of their profit to the government, which would result in less money available to grow their business. It has never been the job of the government to grow the economy. Putting more money in the hands of an institution that is incapable of investment in economic growth does not make since. Here are a few example of benefits for this bill: ** Category**: education Amount: 2 million Description: training business owners and employees Amount 2 million Description: Lowering in market taxes and raising business profits as well as informing all business’s of requirements and informing all employees about their rights. Amount: 45 million Description: The investing and spending of businesses. tot**al: 49,000,000$**
 * Title:** Economic Tax Relief
 * Terms and benefits:** As a result of expanding their business, more jobs will be created.
 * Tax reduction and tax simplification agenda will allow businesses to focus on producing and selling their products and services – not on paying taxes.
 * The plan to return control of health care to patients and providers will benefit small business employers and employees alike by creating price competition.
 * Determination to vigorously open foreign markets to American products is an opportunity for many small businesses to grow larger in the global economy.
 * Approach to regulation – basing it on sound science to achieve goals that are technically feasible – will protect against job-killing intrusions into small businesses.
 * Commitment to legal reform means protecting small businesses from the effects of frivolous lawsuits.
 * When small business owners can use more of their profits to expand their businesses, two important benefits are created. First, by investing in additional equipment for expansion, other businesses that manufacture that equipment will grow and hire, creating more jobs. Second, the company buying the equipment will also need to hire, creating more jobs.
 * Fiscal Impact: **
 * Category:** marketing
 * Catagory:** legal