Small businesses could receive a tax break, if the U.S. Senate can pass the Small Business Jobs and Tax Relief Act, an estimated $28.5 billion tax-refund program that will be on the Senate floor this week.
According to a recent study by Regional Economic Models Inc., the tax cut may create up to 1 million jobs nationwide, including 27,000 in North Carolina. Most of those jobs would be in health care, construction, manufacturing, finance and retail industries, the study says.
Read more about the Small Business Jobs and Tax Relief Act in today's Charlotte Business Journal.
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