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Rep. Schweikert: Small Business Taxes Are Stifling Growth

Press Release

Date: April 9, 2014
Location: Washington, DC
Issues: Business and Consumers Taxes

Rep. David Schweikert (R-AZ) released a statement following the House Committee on Small Business hearing regarding tax challenges for small businesses.

"Today's hearing was a testament to the disincentives our tax system gives to our small businesses," said Schweikert. "Complying with federal and state tax code is a costly process that is overwhelming our businesses and stifling their expansion."

"According to the 2014 National Small Business Association tax survey, 40 percent of small businesses reported spending over 80 hours dealing with federal taxes. For every job left uncreated, there are numerous tax forms being filled out instead."

"I hope this conversation can be a part of a larger wave of support for tax reform. Washington is stifling business."


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