[Congressional Record Volume 143, Number 87 (Friday, June 20, 1997)]
[House]
[Page H4090]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    REDUCE TAXES ON SMALL BUSINESSES

  (Mr. PAPPAS asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. PAPPAS. Mr. Speaker, 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.

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