Cantor’s Small Business Bill is a $46 Billion Loophole for the Rich

by Gary Kopycinski on April 16, 2012

Gary Kopycinski Author

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Washington D.C.–(ENEWSPF)–April 16, 2012. On Friday, in anticipation of a vote early next week by the U.S. House of Representatives on H.R. 9, a bill introduced by Majority Leader Eric Cantor (R-VA) to provide a one-year, 20 percent tax deduction for business income, the Center for American Progress released an analysis detailing the nine reasons why the House should reject the proposal.