[Congressional Record (Bound Edition), Volume 157 (2011), Part 12]
[House]
[Page 17132]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              {time}  1910
                       SMALL BUSINESS TAX REFORM

  (Mr. OLSON asked and was given permission to address the House for 1 
minute.)
  Mr. OLSON. Madam Speaker, small businesses account for nearly all the 
new job creation in America and nearly half of America's workforce. Yet 
in this economy, small business owners are struggling just to stay 
afloat. Most small businesses file taxes as individuals, so any tax 
hike, like the one proposed by the White House, or the expiration of 
previous tax cuts, will kill growth and American jobs.
  We need a simpler tax code. Our current Tax Code is so complex that 
America's businesses spend roughly $74 an hour on paperwork for 
compliance. That's real money, money that could give jobs to thousands 
of Americans struggling to take care of their families.
  House Republicans have a plan to fix the Tax Code to help job 
creators by giving them more time, more money, and more resources to 
invest in expansion and job creation.
  Madam Speaker, America's job creators deserve a simpler and more 
equitable tax system, and House Republicans plan to give them exactly 
what they deserve.

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