Johnson, Senators Highlight Small Business Tax Relief
Alongside Head of National Federation of Independent Business
Watch remarks here.
WASHINGTON – Sen. Ron Johnson (R-Wis.), along with Senate Majority Leader, Sen. Mitch McConnell (R-Ky.), Sen. Susan Collins (R-Maine), and Dan Danner, head of the National Federation of Independent Business (NFIB), spoke Thursday outside the Senate floor on the critical small business tax relief that is part of the Protecting Americans from Tax Hikes (PATH) Act of 2015, soon to be considered by the Senate.
“Making Section 179 expensing permanent increases small business certainty and cash flow,” said Johnson. “The level of uncertainty businesses in Wisconsin and across the country face right now is an enormous drag on our economy. It costs the economy jobs and overall growth. This provision increases cash flow and reduces borrowing, prompting businesses to invest in the kind of capital equipment that expands manufacturing and building. It will help develop a stronger economy and provide good paying jobs for Wisconsinites.”
###