ldquoItrsquos a good newsbad news storyrdquo says Andrew Harig director of government relations FMI

“It’s a good news/bad news story,” says Andrew Harig, director of government relations, FMI

Tax Agreement Raises Levy for Some Businesses, Estates

“For the first time in years, family-owned retailers and wholesalers have certainty with the federal estate tax.” — Peter Larkin, president and CEO, NGA

WASHINGTON — Retailers were mostly satisfied last week with a last-minute agreement in Congress to avert the so-called “fiscal cliff” of spending cuts and broad tax increases.

Many small businesses, however, will feel the pinch of the income-tax rate hike on high-earning individuals, and some could also pay higher rates on businesses that they inherit.

“It’s a good news/bad news story,” Andrew Harig, director of government relations, Food Marketin

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