With that, I would like to yield 3 minutes to the gentleman from Illinois (Mr. Schock), a distinguished member of the Ways and Means Committee.
Patrick J. Tiberi: “With that, I would like to yield 3 minutes to the gentleman from Illinois (Mr. Schock), a distinguished member of the…”
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I found in your testimony what was fascinating is that--and let me get this right--that the largest groups benefitting from 401(k) plans are employees who earn less than $50,000 a year.
Today, if you are a successful pass-through--and no one is going to guarantee that you are a successful business owner--in America, you are paying almost 45 percent of what you make at the top bracket just to the Federal Government.
Tax reform done right will grow jobs and grow paychecks, helping restore the virtuous cycle that gives entrepreneurs the confidence to take a risk and reach for the American dream.
I've heard from many employers, in Ohio and around the country, that they are struggling to fill good-paying job vacancies.





