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Raja Krishnamoorthi on Corporations

 

 


Shift tax breaks for wealthy financiers to small businesses

Raja would shift billions of dollars in tax breaks for wealthy financiers toward boosting thousands of new small businesses and the jobs they create. "By repealing the carried-interest tax break for wealthy Wall Street financiers, and redirecting those funds to entrepreneurs starting new small businesses across the country, we can create thousands of new jobs and strengthen our economy for the long-term," said Raja.

"We know that small businesses create the most new jobs in America. Changing our tax policies to support small business growth should be a no-brainer," he added. As president of a successful local small business, and as the former Deputy Illinois Treasurer, Raja has a unique perspective on how government can help or hinder small business growth and development. "My plan would build on the Small Business Act of 2010, which provided tax relief and provided capital for thousands of small businesses," Raja said.

Source: 2016 Illinois House campaign website RajaForCongress.com , Nov 8, 2016

$15B for small business creation incentives

Raja's four-point plan to boost small business creation includes:Raja estimated the cost of his proposal at $15 billion over the next ten years.
Source: 2016 Illinois House campaign website RajaForCongress.com , Nov 8, 2016

2016-17 Governor, House and Senate candidates on Corporations: Raja Krishnamoorthi on other issues:
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Ameya Pawar
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Page last updated: Jul 01, 2017