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August 13, 2018

FOR IMMEDIATE RELEASE Contact: Sarah Althouse, Lani Short
August 13, 2018 202-225-5821

ICYMI: Small Business Administrator McMahon Pens Op-Ed on Monumental Impact of the Tax Cuts and Jobs Act
 
WASHINGTON - Last week, U.S. Small Business Administrator Linda McMahon wrote an op-ed in the Cincinnati Enquirer to highlight the monumental impact the Tax Cuts and Jobs Act is having on local small businesses after hosting a small business roundtable on July 27 with the House Committee on Small Business Chairman Steve Chabot (R-OH) in Cincinnati, Ohio.

"When I visited Cincinnati in September of last year, small business owners who joined a roundtable I hosted were clear on one thing – taxes were a burden taking too much time and money they’d rather be investing in their businesses...

"This truly is a golden age for small business. The unemployment rate is a healthy 4 percent, with more Americans entering the job market (600,000 in June alone!) to access the good jobs employers are now creating. The number of job openings is at a record high, and for the first time on record, there are more job openings than unemployed people looking for work. The unemployment rate for women was recently at the lowest level since 1953. The same can be said for African-American and Hispanic unemployment rates. A Gallup poll found two-thirds of Americans believe now is a good time to find a quality job," said U.S. Small Business Administrator Linda McMahon.

To read Administrator McMahon's full op-ed, click HERE.

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