America’s Small Business Tax Relief Act of 2015by Representative Steve Chabot
Posted on 2015-02-13
CHABOT. Mr. Speaker, I would like to thank Mr. Tiberi for
yielding me this time.
One of two Americans gets up each day and heads to a small business. That is where they work. Small firms are critical to America's success. They create seven out of every 10 new job opportunities and provide the means for millions of our neighbors to put a roof over their head and food on their table and to get ahead in life.
The bill before us today would help those small businesses and the working families that rely on them by providing much-needed certainty. It would make permanent several tax policies that end up being retroactively applied anyway at the end of every year, but not without scrambling at the eleventh hour. We have all seen this happen year after year after year. Let's give these small businesses all over the country the certainty that they need.
These provisions will help small businesses purchase equipment and technology to grow and create more jobs; and, after all, that is what we on both sides of the aisle say we are after is creating more jobs in this economy. Right now businesses are oftentimes operating in the dark. They don't know whether they will be able to utilize these progrowth tax provisions or not. That lack of certainty discourages growth, and it discourages job creation. Passing this bill will make it easier for small businesses to plan for the future, knowing that Washington won't pull the rug from under them.
As chairman of the House Committee on Small Business, I strongly support this measure and any measure that removes barriers to small business job creation. This bill provides relief to our Nation's small businesses and will result in more opportunities to working families all over this country.
I would like to thank my colleague from Ohio, Mr. Tiberi, for his leadership on this legislation. I urge my colleagues to support the bill.