Press Releases

Chairman Chabot Votes in Favor of the Tax Cuts and Jobs Act

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Washington, November 16, 2017 | Sarah Althouse (2022255821) | comments

WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement following the House passage of H.R. 1, the Tax Cuts and Jobs Act:

 

“As Chairman of the House Committee on Small Business, I want to ensure the tax code works for our nation’s job creators, not against them. H.R. 1 will reduce taxes for small businesses from a top rate of almost 40 percent down to 25 percent, and includes an additional, lower tax rate of 9 percent for the smallest of small businesses. Additionally, it will create tens of thousands of jobs for the people of Ohio and across the country and allow Americans to keep more of their hard-earned paychecks.”

 

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Tags: Taxes