WASHINGTON — Retailers were mostly satisfied last week with a last-minute agreement in Congress to avert the so-called “fiscal cliff” of spending cuts and broad tax increases.
Many small businesses, however, will feel the pinch of the income-tax rate hike on high-earning individuals, and some could also pay higher rates on businesses that they inherit.
“It’s a good news/bad news story,” Andrew Harig, director of government relations, Food Marketing ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Click here to read the FAQ page if you have any questions (opens in a new window)
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.