Search
 

Treasury Secretary Says Tax Cuts Help Small Businesses Thrive

LITTLE ROCK, Ark. - Treasury Secretary John Snow recently told a roundtable of small business leaders that the best thing government can do for entrepreneurship is to "get out of the way." Speaking at a Copy Systems, Inc. roundtable here June 3, Snow said "there is a reason why the...

By Staff Writer | Updated on June 15, 2004

LITTLE ROCK, Ark. – Treasury Secretary John Snow recently told a roundtable of small business leaders that the best thing government can do for entrepreneurship is to “get out of the way.” Speaking at a Copy Systems, Inc. roundtable here June 3, Snow said “there is a reason why the President’s tax cuts focused on helping your businesses – because we understand that its businesses like yours that create jobs, and that is the President’s top economic priority.” Snow told attendees about a recent meeting with United Kingdom Chancellor Gordon Brown and a group of British and American business owners on the subject of entrepreneurship. “We asked them: what makes entrepreneurship work and what can government do to ensure it is welcomed and encouraged,” Snow recalled. “The conclusion we came to will not be a surprise to you: the best thing government can do for small business and entrepreneurship is to get out of the way!” Snow said by giving tax cuts to businesses, 1.1 million jobs have been created over the past eight months.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.