To the editor:
The National Federation of Independent Business reported recently that small-business optimism around the country took a dive in February. It fell to a level usually associated with recessions and below-average growth.
This should be a wake-up call for Congress to enact real tax reform because there is no greater contributor to a small-business owner’s bleak outlook than the prospect of paying ever-increasing taxes. I should know. I own a small business, and my hiring is constantly inhibited by our complex and anti-business tax code. If small businesses like mine slow their hiring, then all bets are off for this “recovery.”
The U.S. House tax-writing panel is considering a proposal that outlines the first real tax reform in three decades, and I’m especially encouraged that Congressman Todd Young came out in support for this proposal.
Our lawmakers need to reach across the aisle and set aside partisanship to get the economy moving again. The tax reform proposal provides an excellent start for discussion.