Small Business Archives - Page 4 of 4

On Tax Day, Daines Continues Fight to Repeal Death Tax

April 15, 2015

WASHINGTON, D.C. – Senator Steve Daines today marked “Tax Day” by continuing his efforts to stand up for hardworking Montanans and repeal the death tax. Daines has signed on as a cosponsor to S.860 the Death Tax Repeal Act of 2015, which would permanently repeal the federal estate tax, commonly known as the death tax. This bill would effectively end a long-standing tax on family farms, ranches, and businesses upon the death of an owner. “On tax day, we are once again reminded that our nation’s tax code places an undue burden and unnecessary hardship on hardworking Montana families, small businesses, farmers and ranchers,” Daines stated. “The death tax is a direct

Daines Introduces Bill to Increase Government Accountability, Rein in Outdated Regulations

March 20, 2015

WASHINGTON, D.C. – Senator Steve Daines today introduced legislation to ease the regulatory burden facing Montanans by bringing much-needed accountability and transparency to the regulatory process. Daines’ bill, S. 826 the Regulatory Examination Vital for Improving and Evaluating Working Solutions (REVIEWS) Act, implements a decennial review of all federal rules to ensure that the American people aren’t subjected to regulations that are outdated, unworkable or simply no longer make sense. The bill requires federal agencies to subject all existing regulations to the Administrative Procedure Act’s Notice and Comment process every 10 years – allowing the American people to review and provide feedback on

Daines Works to Encourage Job Creation, Investment

March 5, 2015

WASHINGTON, D.C. –Senator Steve Daines today announced that he has introduced bipartisan legislation to encourage investment, job creation and economic growth in Montana and across the nation. Daines joined Senators Roy Blunt (R-MO), Chuck Schumer (D-NY) and Ben Cardin (D-MD) in introducing the New Markets Tax Credit Extension Act of 2015. This legislation would make permanent the New Markets Tax Credit (NMTC) program, provide an annual allocation of credits indexed to inflation, and exempt NMTC investments from the Alternative Minimum Tax. NMTC attracts capital to low-income communities by providing private investors with a 39 percent federal tax credit for investments made in

Daines, Tester introduce bill to permanently ban government from taxing Internet

February 10, 2015

(U.S. Senate) –Senators Jon Tester and Steve Daines today introduced a bill to permanently ban federal, state and local governments from taxing access to the Internet. The Senators’ bill, the Internet Tax Freedom Forever Act, would permanently extend the current moratorium on taxing Internet access that is set to expire on October 1, 2015. Montana is one of a few states that would automatically impose a 3.75 percent tax on Internet access if the moratorium is lifted. “The Internet provides instant access to information, allows small businesses to compete in a global marketplace, and strengthens education and health care,” Tester

Daines Announces Commerce Subcomittee Assignments

February 2, 2015

WASHINGTON, D.C. – Senator Steve Daines today announced that he was selected to serve on four subcommittees on the Senate Commerce, Science and Transportation Committee for the 114thCongress. Daines will serve on Senate Commerce, Science and Transportation Subcommittees on Communications, Technology, Innovation and the Internet; Consumer Protection, Product Safety, Insurance and Data Security; Space, Science and Competitiveness; and Surface Transportation and Merchant Marine Infrastructure, Safety, and Security. As the former vice president of RightNow Technologies, a Montana-based software and technology company, Daines brings a unique perspective and valuable experience to the Commerce, Science and Transportation Committee. Daines noted that these subcommittees

Daines Stresses Importance of Montana’s Freight Rail Network

January 28, 2015

WASHINGTON, D.C. – U.S. Senator Steve Daines today sought to address the critical need for expanded rail capacity to support Montana jobs and key industries, such as agriculture and mining. During today’s Senate Commerce, Science, and Transportation Committee hearing on Freight Rail Transport, Daines pressed the panel on how to improve track capacity and maximize efficiency on our nation’s rail system. “80 percent of our wheat crop is exported overseas, so it’s our connection from rails to the ports that allows us to grow jobs and support Montana farmers,” Daines stated during today’s hearing. Immediately prior to today’s