Allow a 100% federal tax credit be applied toward the cost of capital equipment used to upgrade or expand a small business. The tax credit is capped at $200,000/yr. Capital items that qualify for the credit are: kitchen equipment, computers, automation equipment, auto service repair equipment, office equipment, manufacturing equipment, fabrication shop equipment, industrial service repair equipment, etc
This tax credit would allow small businesses to advance while creating income to the state govenment through sales tax. It will provide income to the all forms of government through small business, equipment distributor, and equipment manufacture job growth.
This will allow federal tax dollars to be applied directly, by the people who know where best to spend those dollars, to improve the lives and economy of the people living in the United States.