NFIB Urges Congress to Accelerate Tax Reform Now That Senate Budget Passed

Source: National Federation of Independent Business

Washington, D.C. - October 25, 2017 (The Ponder News) -- The National Federation of Independent Business (NFIB) issued the following statement on behalf of President and CEO Juanita Duggan in response to the Senate’s approval of a budget resolution:

“Senate action today puts Congress one step closer to adopting a budget resolution, which will clear the way for tax reform. Tax reform must be an urgent priority for both chambers this year. Small business represents half the jobs, half the GDP, and 99.9 percent of all U.S. businesses. If the goal of tax reform is to boost the economy, then it must provide substantial tax relief to all small businesses and simplify the tax code.

“It is crucial that Congress pass tax reform before the end of the year. This is the best chance we’ve had in more than a generation to reform the tax code in a way that will lift all businesses and grow the economy.