President Proposes Relief for Small Business Owners

Today President Obama outlined a series of initiatives designed to spur job growth—particularly by small business owners. "Where was this proposal more than a year ago when the economy nose-dived?" you're probably thinking. And you're right, but so is the saying better late than never.

As outlined in this New York Times article, the proposals include a tax credit and a temporary elimination of capital gains for small businesses that create new jobs. Obama also proposes leftover money from the 2008 bailout package be used to help unfreeze credit lines for America's job creators.

Of course, Obama's speech today was just step one in a long process of making these efforts a reality for small business. Stay tuned to NFIB.com for updates on these small business stimulus efforts as they happen.