The president of O’Leary Ventures, Kevin O’Leary, to strengthen relations between the United States of the East and the Congress plans to reduce the taxes of $ 4.
An investor and popular entrepreneur has disseminated his grievances with the tax plan proposed in the “Big and Beautiful Bill” by President Donald Trump.
“It’s anti-American. It’s against small businesses. I have never seen anything like it. You want to speak [a] Big, nice bill? It is a big ugly piece of this bill. You have to repair yourself, “said Kevin O’Leary on” Varney & Co. “on Tuesday.
“For small businesses[es]I am their defender, “he added.” So I read all these invoices. “”
Trump’s White House did not respond to the request for comments from Fox News Digital at the time of publication.
The president of O’Leary Ventures put the ONES at the end of the detention credit for the Pandemic Age (ERC), which gave money to the government to the companies that kept the Americans employees in COVVID.
Recording of $ 16 billion, pricing entries have helped relieve the American budget deficit rate
“This program is finished. They want to give new powers to IRS to audit all these small businesses for nine years. This is unprecedented. Why would we want to do this to small businesses?” He posed.
The president of O’Leary Ventures, Kevin O’Leary, aroused severe criticism from the first “Big and Beau Bill” project by Trump and the Congress. (Foxbusiness)
“Many of these audits would occur after the period when they do not have their files,” said O’Leary. “It is war against small businesses.”
Friday evening, the Republicans of the Chamber published part of the Trump tax calendar, bringing them one more step from the proposal for the federal budget of the commander -in -chief.
The investor of “Shark Tank”, Kevin O’Leary, discusses President Donald Trump announcing 8 billions of dollars of new investments in the United States on “The Evening Edit”.
The draft legislation includes an increase in children’s tax credit (CTC), a higher threshold for the responsibility for the successions tax and the codification of the 2017 law on tax reductions and jobs. Complete legislation is expected to progress by the track and resources committee this week before reaching the president’s office by July 4.
Particularly absent from the gross project, legislation on the tax deduction ceilings (salt) of the state and local), a new taxation section of millionaires, eliminating taxes on advice, overtime wages and social security checks for retirees.
But O’Leary insists that certain modifications must be made before the president puts the pen on paper and establishes the law on the plan.
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Representative Greg Murphy, RN.C., exposes his vision of a “reasonable solution” in the “big, beautiful” Bill on “The Bottom Line” by President Donald Trump.
“I read it and said, it can’t be true. Why would they do that?” He said. “It is scandalous that they would attack small businesses like this, and unprecedented to obtain powers at IRS like this, because it will not stop there.”
“They seek to save money. I understand, ERC saved millions of businesses,” said O’Leary. “And some people said it was fraudulent. Of course, there is fraud in all government programs. But 95% of these companies deserve this money and are still in business because of this money. And now someone says, give the IRS power to go to them. It is not good.”
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Elizabeth Elkind of Fox News contributed to this report.
