The Trump administration’s tax framework makes tremendous strides towards fixing our broken tax system for the country’s entrepreneurs and middle class. The 40% tax reduction for pass-through small businesses will be a game changer – fostering a climate of broad economic expansion rooted in job creation and wage increases.
Tax reform should not be a partisan issue. There are Republican and Democrat small business owners and they all deserve a tax break. If Congress does not get this right, they will be sure to hear from the 29 million small businesses at the ballot box during the 2018 midterm elections.