Contact: Kevan Chapman, (202) 314-2041
WASHINGTON, D.C., March 12, 2013 — Today, House Committee on Ways and Means Chairman Dave Camp unveiled a framework for small-business tax reform. National Federation of Independent Business President and CEO Dan Danner made the following statement in response:
“Chairman Camp has shown an unwavering commitment to pursuing tax reform in a comprehensive manner. This is important, since more than three-quarters of small business pay taxes on business income at the individual rate. Chairman Camp’s focus on making the tax code fairer and simpler for not just big businesses, but also small businesses, is commendable.
“The discussion draft released today outlines a number of provisions that have been supported by NFIB members, and is a good starting point for reforming the taxation of small businesses filing as pass-through entities. We look forward to working with Chairman Camp, Ranking Member Levin and the members of the Ways and Means Committee to create a simpler, fairer, more rational tax system for small businesses. We applaud Chairman Camp for leading this effort in a fair, deliberate and fully transparent way.”
NFIB recently published a survey of its members showing small-business owners strongly favor tax reform which lowers rates and simplifies the tax code. This survey validates Chairman Camp’s approach seeking to reform the tax code for small businesses.