Businesses Bank on Economic Stimulus Plan to Boost Bottom Line.
Millions of Americans anticipate their share of the economic stimulus plan. But families aren't the only ones looking forward to the benefits. Small businesses struggling in these uncertain times count on the plan's tax incentives to boost the bottom line.
The twenty to twenty five employees serve up home-style southern favorites at Herman's Soul Food and Catering. The labor of love for Clifford, his dad and his brother keep regulars like Stan Brown coming through the door. Billups says Herman's could use more customers like him. So business is slower than he'd like. With more money going out and less cash coming in, it's just not adding up. The Billups bank on tax incentives in the president's economic stimulus plan. They aim to help businesses to invest in new equipment this year. Billups, "I think that it would help us, help us a lot." So will loyal lovers of down home favorites. The Treasury Department already sent out nearly 30 million rebate checks. Some 130 million American households should get one. You'll find a link to answers to common questions about the stimulus plan on our homepage.
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