Ways and Means Subcommittee Hearing Examines Tax Reform Benefits for Small Businesses, American Workers
U.S. Rep. Jackie Walorski (R-Ind.) pointed to the examples of three small business owners testifying at a House Ways and Means subcommittee hearing to demonstrate how tax reform will jumpstart our economy and boost job creation. “The risk that is taken by small business in this country is unparalleled, because there is no backstop,” Congresswoman Walorski said. “But the backstop that you seem to be asking us for is a tax reform that works for you, not against you. It works for your future employees, not against them. It allows all ships to rise in this country.” Today’s hearing of the Tax Policy Subcommittee, entitled “How Tax Reform Will Help America’s Small Businesses Grow and Create New Jobs,” was the latest in a series of hearings as the committee continues working toward permanent, comprehensive tax reform. Witnesses included: Teresa Meares, president of DGG Uniform and Work Apparel, which has 15 employees; Scott E. VanderWal, owner of VanderWal Farms, which employs five family members and some college students on a part-time basis; Rebecca Boenigk, CEO of Neutral Posture, which has 90 employees and 60 independent contractors; and Chye-Ching Huang, deputy director for federal tax policy at the Center on Budget and Policy Priorities.
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