Liz Updike: How Washington can help small business

Contributors

With the 2012 elections now finished, it’s time that President Obama and Congress pay attention to what small business owners and entrepreneurs need and promote policies that will encourage growth on Main Street. One step the federal government needs to explore is expanding the range of eligible key investments that are exempt from capital gains taxes in small business from only C corporations to LLCs, consulting, financial services, IT, and engineering companies.