On the recordJuly 30, 2010
Madam Speaker, I rise in strong support of the Small Business Tax Relief Act of 2010, and I commend my colleagues Representative Scott Murphy and Representative Bill Owens for bringing it to the floor today. Simply put, this bill does two things: It provides information reporting relief to small businesses--and it closes loopholes in current law that encourage U.S. multinationals to invest overseas. The question members must ask themselves is this: Do we want jobs in America, or do we want a tax code that rewards companies for shipping jobs overseas? For every small business seeking to expand and create jobs, and for every American looking for work, I urge a yes vote.
