Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 5 · column 4 of 7 · from the scan, no model involved
small businesses are critical to growing our economy and creating new jobs, President Bush’s agenda creates an environment for small businesses to flourish. His agenda combines not only government actions and programs, but the effective implementation of tax and regulatory policies.
Let’s take tax reform. In 2004, 25 million small-business owners received tax relief totaling about $75 billion dollars, an average of $3,000 each. The President reduced marginal income rates across the board, benefiting more than 90 percent of small businesses that pay taxes at the individual income tax rates. He raised the amount that small businesses can expense for new capital investments from $25,000 to $100,000, reducing their cost of purchasing new equipment and other investments. And the President has made tax relief permanence a top priority to help small businesses and their employees keep
95.7%