Expert: Corporate Tax Will Hurt Small Business

NTD Newsroom
By NTD Newsroom
April 6, 2021US News
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Small businesses may get hit with a 7 percent corporate tax increase by President Joe Biden’s infrastructure plan.

Carey Smith, founder of Unorthodox Ventures, sold his small manufacturing business for $500 million in 2017. Now, he invests in new ventures. NTD asked him how smaller businesses will absorb the added expense.

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