The chairman of the tax-writing House Ways and Means Committee, Dave Camp, R-Mich., released a set of proposals Tuesday aimed at reforming the tax laws for small businesses.
Camp has previously proposed tax reforms for corporations and financial derivatives (see Congressional Republicans Propose International Tax Reforms and House Republicans Propose Tax Reforms for Financial Products). The goal of Camp’s latest discussion draft is to spur greater job creation and higher wages for American workers by reducing the burden the Tax Code imposes on small businesses.
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