Solution Provider Joins Bush For Tax Bill Ceremony
For the second time in less than six months, Balsarotti, president of Software To Go, Clayton, Mo., joined Bush at a public appearance as an example of a small business owner who would benefit from Bush's tax cuts. Today, Balsarotti attended the Tax Cut Bill signing ceremony in the East Room of the White House. Balsarotti could not be immediately reached for comment.
Congress passed the bill last Friday. Highlights of the $350 billion package include a reduction on investors' dividends and capital gains, a decrease of margin income-tax rates and an increase of depreciation breaks for businesses.
In January, President Bush invited Balsarotti to attend a round table in St. Louis with 10 other business owners to discuss small business concerns. At the time, Balsarotti told CRN he was impressed with Bush's command of the issues facing small businesses and the intensity with which he listened to the round table members. Bush's plan to increase capital expenditure tax write-offs to $100,000 for the next three years, Balsarotti also said, will help his company.