Travis Childers introduces Invest in Small Business Act of 2008

Remember how a lot of our Republican commenter's said that electing a Democrat like Travis Childers would be bad news for small business owners? Travis Childers introduced legislation that would cut taxes on small business investors, as well as raising the threshold for a business to be considered a small business.

Read the whole story in the Daily Journal.

Rep. Travis Childers, D-Miss., a member of the House Financial Services Committee, introduced the Invest in Small Business Act of 2008, which would make it easier for business owners to attract investors, cut taxes on investors and increase the number of small businesses eligible for tax cuts. Taxpayers that qualify under Childers' revised statutes would pay no taxes on capital gains.