Yoho Votes to Bring Tax Certainty to Small Businesses

Press Release

Congressman Ted S. Yoho (R-FL-03), a former small business owner, voted in favor of HR 636- America's Small Business Tax Relief Act of 2015. His yes vote will give small businesses the certainty they need to grow.

The bill would make permanent and index for inflation the $500,000 level of Section 179 enhanced small business expensing, which expired at the end of 2014. The bill also would make permanent provisions to reduce tax burdens on S corporations. Congressman Yoho gave the following statement after his vote.

"Small businesses are the economic engines that drive America. As a former small business owner - for 30 years - I know how important it is to expense equipment that is needed for day to day operations and to potentially expand a business. This bill sets tax provisions in place permanently so owners don't have to speculate on what their future expenses will be. This added piece of mind provides certainty to grow, which translates into creating more jobs. I will always support common sense legislation that helps make America's economy strong."

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