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ICYMI: Congress Should Finish Strong with Small Business Tax Cuts
WASHINGTON- This week, Congressman Bill Johnson (R-OH) wrote an op-ed on why lawmakers need to finish the year strong by providing tax cuts for small businesses.
“Here in Ohio, small businesses are an especially big deal. A whopping 99.6 percent of our companies are small businesses, according to figures from the U.S. Small Business Administration. They employ over two million Ohioans, making up 46 percent of all employees in-state. In the latest Kauffman Foundation rankings, Columbus and Cleveland both placed in the top-30 metro areas nationwide for entrepreneurial growth rates,” said Johnson.
Johnson continued, “In the U.S. House of Representatives, the Small Business Committee is chaired by Ohio’s very own Rep. Steve Chabot. He’s well aware that small businesses – and the economic growth they provide – are being held back by onerous taxes.”
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Additionally, in July Chairman Chabot sent a letter to the Ways and Means Committee requesting that small businesses have a voice in tax reform.