Excerpt detail

Meg Whitman
/
May 25, 2010

I want to eliminate what I call the start-up tax. Before you do anything to start a new business you have got to pay the state an $800 LLC fee. I want to eliminate the state capital gains tax. We are one of a handful of states around us that has a very high state capital gains tax. I want to increase the R&D tax credit from 15 percent to 20 percent. That will give employers the confidence to hire.

Source: The Kudlow Report (CNBC)
Tags: Business, Economy, Taxes, Specific policy point or details

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