After Supporting ObamaCare, Clinton Promises Not to Add Burdens to Small Businesses

‘I would not support anything that would make your business more difficult to run’

NN MALE PERSON: "I guess one final question I might ask you is that the capital improvements -- you know, we like keeping our machines modern and up to date, and historically I think in the last eight to ten years, we've been able to write off the capital improvements in the year that they are installed. And now in 2015 they are talking about reducing that to $25,000. I know that's Congress, but I am curious as to your feeling. I mean, if you are a president what can you do to help small business like ours to improve the equipment that we have and not make it so onerous so that we can spread out and still do right by the IRS?"
CLINTON: "Yeah. No, I think that's an important question and I can assure you that I don't want to make your life anymore onerous. I want you to be able to invest in both maintenance and upgrading of the existing equipment and like that new printing machine you showed me, new equipment if that's going to make you competitive. I think what we have to do is we have to look at the whole tax system
and try to figure what is an economic investment as opposed to one without economic purpose because there are a lot of those where people are just basically playing games and --. Capital gains were supposed to be for example a way to reward people who made risky investments, you know, starting a new business, investing in somebody else's business and now it's just being turned. So we have to take a look at the whole tax system but I can assure you I would not support anything that makes your business more difficult to run because you have a real business and you have real economic imperatives."

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