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Kevin O’Leary slams Trump’s tax bill as ‘war on small business’
Friday, 16 May 2025
Kevin O'Leary has strongly criticized Donald Trump's proposed tax plan, specifically targeting the expansion of IRS audit powers related to the expired Employee Retention Credit (ERC). O'Leary argues this provision unfairly targets small businesses, potentially harming those who acted in good faith during the pandemic. He urges lawmakers to revise the legislation, warning of its potential consequences.
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