We’ve written about this before. The President has proposed to reduce the capital gains tax rate on qualified small business stock to zero.
He said it again last night in his State of the Union speech.
You can view the video below. The President’s comment is at minute 6:50. He says:
“While we’re at it, let’s also eliminate all capital gains taxes on small business investment.”
Reducing the capital gains tax rate to zero on qualified small business stock would be extremely beneficial to businesses that qualify for the QSB tax benefit, and would probably create a flood of investment in that direction.
Also see this article on pehub.