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The Tax Outlook for Small Businesses: What’s on the Horizon?

Wednesday, April 18, 2012 | 01:00 | Full Committee
On Wednesday, April 18, 2012, at 1:00 p.m. the Committee on Small Business conducted a hearing titled The Tax Outlook for Small Businesses: What’s on the Horizon?. The hearing was held in Room 2360 of the Rayburn House Office Building.

Tax season reminds us that small businesses are disproportionately affected by tax compliance. For small business owners, tax rates can drive business decisions. Higher tax rates can mean that small firms have less capital to create jobs and invest back in their companies. Small companies can also be adversely affected by tax paperwork and recordkeeping requirements. This hearing provided Members with an opportunity to learn more about the tax policies that small businesses will face.

Opening Statement:

Chairman Sam Graves (R-MO)

Witnesses and Testimony:

  • Aparna Mathur, Ph.D., Resident Scholar, American Enterprise Institute, Washington, DC
  • Leonard Steinberg, Principal, Steinberg Enterprises, LLC, West Windsor, NJ
  • Margot Dorfman, CEO, U.S. Women’s Chamber of Commerce, Washington, DC
  • Martin J. Mitchell, Vice CEO, Mitchell & Best Homebuilders LLC, Rockville, MD

    Additional Items:

  • Official Hearing Notice
  • Official Witness List
  • Official Hearing Memo
  • Hearing Video
  • Press Release