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'Pro-business' Congress may consider a national sales tax: the new U.S. Congress--the...

By Shuster, William George
Publication: Jewelers Circular Keystone
Date: Tuesday, February 1 2005

The new 109th Congress brings good news and bad news for small businesses, including retail jewelers, say savvy Washington veterans. The good news: This is the most pro-business Congress in years, promising more sympathy and quicker action on issues affecting small businesses, including health care and permanent business-related tax cuts. The bad news: The commitment of the president and the Republican leadership to major tax reform raises the possibility of a sizable national sales tax to maintain revenues. Here's what legislative experts say JCK readers should expect from this C

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