Small Business & Entrepreneurship Council: Biden Policy Like Capital Gains Tax Increases Could Derail the Recovery, Harm Entrepreneurs
April 30, 2021 @ 2:38 pm By JD Alois
The Biden administration has just completed its first 100 days in office. Since January, the Administration has proffered a whirlwind of policy changes and legislation from massive spending in the trillions of dollars to profound changes in the tax system. Meanwhile, the economy has already turned the corner on the pandemic as vaccinations are ubiquitous and COVID infections are declining.
This week, GDP growth delivered a strong 6.4% annual rate of growth – meaning people are going back to work and businesses are re-opening. But the good news today may be squashed by policy changes tomorrow notes the