Small Business Majority Supports Refundable Tax Credit in Virginia

Thursday, January 23, 2020

Small Business Majority submitted a letter of support to the House Finance Committee on HB 1435, a refundable earned income tax credit for low-income taxpayers. This bill would support entrepreneurs, as well as many low-wage small business employees, by allowing low-income individuals to claim more money. This would put money back into their pockets and help grow their businesses, as well as their customers and local economies.