WATCH: Chairman Chabot Applauds the Protecting Family and Small Business Tax Cuts Act
WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) spoke on the House floor in support of H.R. 6760, the Protecting Family and Small Business Tax Cuts Act, which will greatly benefit America’s small businesses, entrepreneurs, and startups.
Click here to watch the video online.
As Prepared for Delivery:
“Mr. Speaker, I rise in support of H.R. 6760, the Protecting Family and Small Business Tax Cuts Act.
“From a Small Business Committee hearing that I chaired in July that reviewed the impact of the new law on Main Street companies to the many small business optimism surveys that are published on a monthly basis, the results are in, and they are positive for our nation’s 30 million small businesses.
“The tax cuts have provided small businesses with the opportunity to invest in their workers, invest in their companies, and invest in their dreams.
“A small business in my district in southern Ohio recently testified that ‘the recent tax reduction in and of itself will have a positive impact on our employees and our business in 2018 and beyond.’
“The shops on Main Street are transforming our communities and neighborhoods with job growth and business expansion.
“With our economic engine starting to rev, Congress must take the next step in the tax debate, which is making the cuts for the nation’s job creators permanent.
“H.R. 6760 does just this by providing certainty and stability for small businesses and their employees.
“Making Section 199a, the small business pass-through provision, stronger, will be a benefit to small businesses from Ohio to the nation’s coasts.
“I applaud the work of Mr. Davis and all of the Members of the Ways and Means Committee to ensure the nation’s smallest firms are front and center in this important debate.
“When the nation’s small businesses, entrepreneurs, and startups are thriving, so is our economy.
“I urge my colleagues to support H.R. 6760.”