Mr. BERG. Mr. Speaker, in North Dakota, we know jobs come from small business, not from Big Government. Small business is the backbone of our economy, and it's the engine to get America back to work. Unfortunately, all too often, instead of helping small business, Washington serves as a roadblock to its growth by piling on excessive regulations and imposing burdensome complex Tax Code on the job creators.
The legislation I'm introducing today is known as the Small Business Tax Simplification Act. It will simplify our Tax Code for small businesses. Instead of being bogged down with complex tax-reporting requirements, this bipartisan legislation will allow businesses to use a simplified form of accounting that more closely matches the way small business owners run their businesses.
This bill represents commonsense change that would ease the burden of tax complexity for many small businesses, as they can spend more of their time and resources doing what they do best, and that's growing jobs and helping our economy.