I think, Mr. Speaker, we should change that notion and redefine small business as essential business, because really those essential businesses, not with thousands upon thousands of employees, but those smaller enterprises, sometimes called mom and pop operations, indeed form the backbone of our economy, for those essential businesses, or, in common nomenclature, those small businesses employ more people than the corporate giants. Especially for those Americans who are self-employed, how much I have heard at town hall meetings, ``Congressman, I am self-employed. When can I deduct my health insurance costs like the big guys in corporate America?'' And this bill does that, allowing for 100 percent deduction of health insurance premiums for the self-employed, including so many of our hard working constituents down on the farm.
NAN A. S. HAYWORTH: “I think, Mr. Speaker, we should change that notion and redefine small business as essential business, because really…”
Editor's note · Context
Discussing the importance of small businesses and health insurance deductions for the self-employed.
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