Small Business Majority submits comments to House Ways & Means Committee Main Street Tax Team

Date: 
Tuesday, October 15, 2024

On October 15, Small Business Majority Founder and CEO John Arensmeyer submitted comments to the House Committee on Ways & Means’ Main Street Tax Team which outlines how Congress can prioritize bottom-up tax reforms for small businesses in the 2025 tax debate. The comments highlight our recent tax poll and priorities including reforming the 20% pass-through deduction, extending the Inflation Reduction Act’s expansion of the Affordable Care Act’s premium tax credits, increasing the corporate tax rate, and ensuring the Internal Revenue Service (IRS) can access the funds needed to enforce revenue raisers and serve small businesses. 

Issues: