I stand to encourage support of a proposal by President Obama to eliminate capital gains on sale of stock in small business and startup corporations. Under present law, under section 1202 of the Internal Revenue Code, 50 percent of the gains realized on the sale or exchange of certain small business stocks held for more than 5 years is excludable from gross income.
Discussing tax relief for small businesses during a Senate debate on economic legislation.
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More from Chuck Grassley
Detecting cancer early can save lives. I know that based on the personal experience of my wife, Barbara, a nearly 40-year breast cancer survivor.
Contrary to your misguided statement, the major embarrassment of the hearing was Democrats falling over themselves defending unlawful and unconstitutional actions by Jack Smith.
I don’t know to what extent you folks are on social media, but I know social media has a big impact on the election.
This update shows that Jack Smith and the Biden Justice Department collected incredibly invasive donor data — and voter data — beyond what could conceivably be necessary for Smith or his team to fulfill the Special Counsel’s mandate.
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