Finance expert Mike Periu on President Obama’s New Small Business Tax Break proposal for a $25 billion dollar tax break for small businesses.
The President announced a proposal for a new $25 billion tax break to small businesses. Calling it a stimulus package, the proposal would offer small businesses a tax credit equivalent to 10 percent of the cost of salaries for new hires and increased pay to existing workers. The purpose of the credit is to stimulate new hiring and increase compensation to existing workers.
About Mike Periu
Mike is a seasoned executive with experience in small business finance and management. He is the founder of Proximo, LLC a leading provider of corporate, consumer and small business education and training services with an emphasis on finance and technology.
Mike Periu is also a leading national voice for individual empowerment through financial education and entrepreneurship. He has been interviewed over 500 times in national and international media, including NBC, Univision, CNN en español, Telemundo, HITN, TVE, RTE, SBS, MegaTV and others.
Mike writes regularly for American Express OpenForum, Yahoo! Finanzas and is a Huffington Post contributor.
Mike has degrees in Finance and International Business from Georgetown University. He is on the Board of Directors of the Council for Economic Education and was a Fellow at the Kauffman Foundation’s Labs for Enterprise Creation.
