On the recordJune 20, 1997
most people on Main Street in my district in central New Jersey understand who the real job creators are. They know that the little shops just starting out, small businesses struggling to get by, and people who have decided to work out of their homes are aware of where most of the jobs are. More jobs are created in those areas than anywhere else in the economy. The kicker is that these small businesses, mom and pop enterprises that are slowly built up over a lifetime, sometimes cannot get passed on to their children when they die. For all these reasons we need tax relief for the real engines of our economy, small businesses: death tax relief, capital gains tax relief, and the new home office tax deduction for people giving it a go on their own. Let us pass this kind of tax relief this year. That is why I am here. That is what the American people expect.
Source
govinfo.gov




