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Clinton signed Small Business Job Protection Act of 1996 which reduced taxes for many small business. Furthermore, he signed legislation that increased the tax deduction for self-employed business owners from 30% to 80% by 1997. The Taxpayer Relief Act reduced some federal taxes. The 28% rate for capital gains was lowered to 20%.
20%***. * This rate was reduced one-half percentage point for 2001 and one-half percentage point for 2002 and beyond. ** There was a two percentage point reduction for capital gains from certain assets held for more than five years, resulting in 8% and 18% rates. *** The gain may also be subject to the 3.8% Medicare tax.
Bryn Mawr Capital Management, LLC, is an SEC-registered investment adviser and a subsidiary of WSFS Financial Corporation with a primary market segment of high net worth individuals and institutions offering fully customized investment, tax and estate planning strategies.
The Philippines is an archipelago of about 7,641 islands, [202] [203] covering a total area (including inland bodies of water) of about 300,000 square kilometers (115,831 sq mi).
v. t. e. Incorporation is the formation of a new corporation. The corporation may be a business, a nonprofit organization, sports club, or a local government of a new city or town [citation needed] .
The poll tax mechanism varied on a state-by-state basis; in Alabama, the poll tax was cumulative, meaning that a man had to pay all poll taxes due from the age of twenty-one onward in order to vote. In other states, poll taxes had to be paid for several years before being eligible to vote. Enforcement of poll tax laws was patchy.
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