Small Business Tax Cut Act

Floor Speech

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Mr. McHENRY. I thank the chairman for yielding.

Our Nation is at a crossroads. This President wants to take more money from the private sector and continue the exponential growth of the Federal Government. We want to make sure that job creators are able to reinvest their hard-earned money back into their businesses to expand and grow the economy and get this job creation cycle going again. That's why we support a 20 percent tax cut for small businesses. The President, on the other hand, wants to raise taxes on small businesses and job creators.

There are 22 million small businesses helped by this bill, and I think it's necessary that we pass this bill today. I urge my colleagues to support a 20 percent tax cut for small businesses so we can create jobs and make a more prosperous America.

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