Why Millionaires Matter

September 2010
Spectrem High Net Worth Advisor Insights;Sep2010, Vol. 6 Issue 9, p1
The article focuses on the impacts of financial legislations to small businesses in owned by wealthy individuals in the U.S. It states that there are over 6 million owners of small businesses who will be affected once tax changes are implemented. It also adds that households that own small businesses may resort to the reduction of business expenses and layoffs depending on the effect of tax laws. Moreover, it says that the actions of the U.S. Congress will directly affect the economy.


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