Letter: Businesses need tax reform
To the editor:
I have been a small business owner in this community for 40 years. Over that time, the burdens placed on entrepreneurs by the federal government in Washington have grown considerably, especially when it comes to our tax burden.
The U.S. tax code is more than 4 million words long today. The length makes the tax code impossible to decipher and costly to comply with. It’s been 30 years since Washington tried to reform the tax code to make it more fair and easier to understand.
I believe it’s time for Congress to try again, which is why I was encouraged when Congress’ tax-writing committee issued a roadmap for reform in February. There is still a lot to discuss about this draft, but I hope Congressman Mark Meadows, who has been a long-time supporter of reform, will consider this plan and either support it or offer alternatives to reduce small businesses’ tax burden.
We need relief, which means it’s time for reform.