How the stimulus plan will help your business
By James Phillip on Jan 24, 2008 in Uncategorized
It looks like we are closer to getting a deal signed and we will know the full details soon.
As of right now it looks like they are setting a side up to $70 Billion to boost business activity. A large chunk of that will help to encourage businesses to make large purchases and also be able to write off 50% of that immediately
On the individual side you could be looking at $300-$1200 per person\family which knowing many people in the retail world they are happy to hear this. If you are a retail business then with the rebates and the general tax season refunds you could be looking much better then you thought.
Hopefully the activity doesn’t fade once summer arrives but enjoy the rush that is coming.
Once more it known we will post up the total package on how businesses will benefits from this stimulus plan.
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