[Congressional Record (Bound Edition), Volume 152 (2006), Part 5]
[House]
[Page 6981]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          HELP SMALL BUSINESS

  (Mrs. KELLY asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Mrs. KELLY. Mr. Speaker, the more we help small businesses, the more 
jobs they create for local residents across the country. That is why we 
passed the Jobs and Growth Tax Relief Act in 2003.
  The economy has been growing ever since. More than 5 million new jobs 
have been created. But we need to do more. Small business owners in my 
district in New York's Hudson Valley tell me they feel overwhelmed by 
excessive taxes. We need to give them more tax relief and more 
incentives to continue hiring new workers.
  We should extend and make permanent the small business tax relief 
provisions that have been critical to economic growth. We need to 
increase small business expensing limits so small businesses can 
continue growing their businesses and creating new jobs. And we should 
pass the Small Business Tax Relief Act. We should phase out the 
Alternative Minimum Tax that is especially harmful to small business 
owners.
  Mr. Speaker, some have suggested letting tax cuts expire, which would 
amount to a major tax increase on America's small businesses. Raising 
taxes on small businesses would reverse this trend of economic growth 
and job creation. We must continue our economic policies that are 
working and continue developing new ways to help our small businesses.

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