Opinion: Deduction is no 'giveaway to rich.' Cutting it would stymie small businesses

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A popular target from interest groups, the business investor deduction gives Ohio a return on its investment, Clara Osterhage writes.

had a gain of $5.9 billion in economic activity compared to an economy without the business investor deduction in 2018. The study further concluded that Ohio had nearly 60,000 more employees and 1,200 fewer business closures as a result of the business investor deduction. Those figures sure seem to indicate Ohio has made a very wise investment.

Having this deduction has changed our cash flow position such that we have been able to build and remodel locations, further increase wage and benefit offerings to our employees, and further engage in the communities that we are in.

 

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And yet, it doesn’t go to any small businesses I know of. It sure as shite isn’t going to me & MY small business! So tell us, Big Huge Government slash Tax & Spend RINO’s: who IS getting the money? Because it’s not going to any of OUR small businesses.

Love to be a small business owner of 81 Great Clips hair salons

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