This week, House Ways and Means Committee held hearing to hear from business owners who are seeing the positive effects of the Tax Cuts and Jobs Act reflected in their businesses. Among the witnesses, local employer Zach Mottl, Chief Alignment Officer, Atlas Tool Works & Die, Inc. testified on behalf of his family's companies, the 750 manufacturers of the Technology Manufacturing Association of Illinois and the four million members of the Coalition for a Prosperous America.
"Congress did a great job and there's now a perception that the United States is now "open for business.' [U.S. small businesses] create the majority of the jobs in the U.S. and these are the jobs that sustain your constituents. My family and I, we put our time and our treasure into our business and we work to be inclusive and invest in the next generation for a better tomorrow," said Mottl in his opening statement. "With your help we can build on the Tax Cuts and Jobs Act and have even more growth for businesses and American workers."
In an exchange with Mr. Mottl, Congressman Peter Roskam (IL-06) asked him about the benefits of tax reform to his business and his employees:
Throughout the debate of the Tax Cuts and Jobs Act, Rep. Roskam served as Chairman of the Tax Policy Subcommittee and was a chief architect of the bill. He was also chosen as a member of the House-Senate Conference Committee that reconciled both Chambers' versions into a final bill which passed the House and Senate and was signed into law.
"The Tax Cuts and Jobs Act has been a game-changer for businesses across the U.S. and it's being reflected not only in our economy, but in the paychecks and lives of every American taxpayer. Businesses across the country like Mr. Mottl's are investing in their communities and in their employees in a way that they weren't able to before this law was passed. And this is sustainable, continued growth that we're experiencing. I'm excited about all of the positive things this is doing for the families and businesses in my district and I think we're going to see a lot more of it," said Rep. Roskam.