Recognizing that small business is the driving force of job creation, Rep. Tipton met with economic leaders and entrepreneurs at a business roundtable in Grand Junction today. This stop was part of a weeklong district listening tour on a variety of topics ranging from health care to economic recovery.
"Before going into next week to address spending, I wanted to meet with business leaders to hear the facts on the ground," Tipton said. "The message I received is clear: we must restore a predictable climate for job creation."
During the roundtable, Tipton met with Rick Brainard, an aviation industry expert and collaborator with Economic Enrichment NetWorks, a low-cost program based in Mesa County that serves to promote economic development.
"It was important to have Congressman Tipton sit down and take the time to talk with those of us who are on the frontline of small business development," Brainard said. "We have the resources in place to help businesses create jobs and grow the economy. But we need leadership in Washington to give us predictability, so that small business owners can make the investments and take the risks to expand. I'm confident that the Congressman will bring this message back to Washington."
After the roundtable discussion, Tipton toured the Grand Junction Business Incubator Center, a non-profit that provides business development resources to existing companies and entrepreneurs alike.
"I saw firsthand today the work being done to create jobs and generate economic growth in our district," Tipton said. "It's clear that government needs to get out of the way and let small business lead the charge to economic recovery by doing what it does best--create jobs."
Tipton, who earlier this week was named chairman of the House Small Business Committee, Subcommittee on Agriculture, Energy and Trade, is an original co-sponsor of H.R.4., which aims to eliminate the 1099 reporting requirement contained in the federal health care law. Section 9006 of the law creates an additional tax compliance burden on small businesses by requiring them to file seperate1099 forms for even the most basic business expenses including internet, phone and office supplies.
"Economic recovery starts with cutting spending, addressing overregulation, and removing hurdles for small business--like the 1099 reporting requirement that will force entrepreneurs to focus their resources on creating mountains of paperwork rather than jobs," Tipton said.