Article: NSBU Urges Congress to Use 'Common Sense' When Drafting Tax Bill

WASHINGTON, July 9 /U.S. Newswire/ -- In a letter to Congress today, National Small Business United (NSBU), the nation's oldest bipartisan small-business advocacy organization, urged congressional lawmakers to consider the needs of the majority of tax-paying Americans by using "common sense" when drafting the final tax bill.

In a series of issue-specific proposals, NSBU called for congressional efforts to reshape the tax code to encourage savings and investment.

The proposals offer a variation on both the House and Senate versions of the tax bill. In brief, NSBU suggests the following: ESTATE TAXES - $1 million exemption in 1998 for family business, indexation for inflation of the unified ...

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