34 results for tag: economic growth


The ‘American Dream’: No longer a ‘dream’ for small businesses

Small business owners across the country are struggling and many feel that struggle is due to our high tax rates and our outdated and needlessly complex tax code. Many small businesses pay a federal marginal tax rate of 40 percent, which places small business at a drastic disadvantage compared to foreign competitors. As a result, small businesses cannot expand or hire new employees, let alone afford their current employees. Former NFL great and small business owner Fran Tarkenton shares his experiences: The current small business tax burden is far outside the international norm. Small businesses, the vast majority of which pay tax at the individual ...

Tax reform: A winning ticket for the American People

Congress is under a major time crunch to introduce a tax reform package before 2018 – that is, if they want to put a major legislative victory under their belts by the end of this year. Under the current tax code, the American people and small businesses are suffering and the economy is stagnant. A tax reform plan that would provide a simpler, flatter, and fairer system would not only increase economic opportunity but it would create higher-paying jobs. Forbes has the commentary: So, in the weeks ahead, a tax bill will emerge from Congress that will give America a chance to significantly improve our economic growth rates. We have had four major tax ...

Small-business owner: Tax reform for all ‘not a political event’ but an ‘an American event’

For many struggling Americans, tax reform is critically important because it could lead to economic growth that would generate better-paying jobs and higher take-home salaries for everyone. Real, effective tax reform would be a huge boost to the small business owners who help drive our economic success. The Daily Signal has the inside scoop: For one struggling business owner in America’s heartland, tax reform is a must. “Tax reform is gonna help everyone,” Carla Young, owner of C.J.’s Cleaning Service LLC in Sedalia, Missouri, told The Daily Signal in a phone interview. “There’s no way everyone can’t benefit.” Young, whose small ...

Tea Party Patriots Hopes Congress Can Provide Tax Relief for Americans

Atlanta, GA  -- Tea Party Patriots co-founder Jenny Beth Martin released the following statement prior to a meeting between President Trump and Senators from both parties to discuss tax reform. “Americans deserve real tax reform that provides tax relief and generates economic growth and better-paying new jobs. Tax reform should lead to a simpler, flatter, fairer tax system that people can understand without having to hire a CPA in order to follow the law. President Trump was elected after promising tax relief and reform, and we are hopeful that both Republicans and Democrats will come together in order to pass a tax plan in keeping with what ...