On the recordMay 8, 2001
the United States was built upon and by small family-owned businesses, and America is today known for its unique, entrepreneurial spirit. Even today, in the era of corporate mergers, small businesses remain the cornerstone, yes, the foundation of our economy. They employ 53 percent of our work force and account for 99.7 percent of the Nation's employers. Yet burdensome regulations, a complex Tax Code, and an inaccessible health care system have been stifling the ability of small businesses to remain viable and successful. As a Congress, we need to ensure that the entrepreneurial spirit that built this country does not diminish due to an unfair tax and regulatory system. Mr. Speaker, I encourage my colleagues to support small business owners in their pursuit of the American dream. I yield back all of the unfair taxes and regulations that have served as obstacles for the small businesses which make our Nation great and prosperous.
Source
govinfo.gov
