Washington, DC - Congressman Bobby Schilling (IL-17) released the following statement in support of H.R. 9, the Small Business Tax Cut Act, which he cosponsored when it was introduced today. The bill grants a 20 percent tax cut to small businesses with less than 500 employees:
"As a small business owner, I know firsthand the challenges of creating jobs and meeting a payroll in the face of overwhelming government regulations, paperwork, and uncertainty. I came to Washington to help end this uncertainty, remove barriers to private-sector job creation, and make it easier for fellow small business owners to grow their businesses and create jobs.
"This bill will allow job creators to keep more of their money, invest it in their businesses, and retain and create more jobs so families can more easily put food on the table and gas in the car. We all want to see fundamental tax reform, bring down tax rates, broaden the base, and close loopholes, but this is an opportunity for us to work together and help small businesses right now. I hope folks in the Senate and the President will work with us on advancing this pro-jobs, pro-growth policy."
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