Daines Negotiating Concerns on Tax Cuts for Main Street Businesses

U.S. SENATE —U.S. Senator Steve Daines today released the following statement regarding the U.S. Senate’s current tax plan.

“When Congress took on tax cuts, we promised to create more high paying jobs and to grow the economy” said Daines. “I want to see changes to the tax cut bill that ensure main street businesses are not put at a competitive disadvantage against large corporations.  Two-thirds of our job creation comes from main street businesses and I’m doing what I can to make sure all of America is stronger and more competitive.  Before I can support this bill, this improvement needs to be made. I remain optimistic and will continue working with my colleagues to find a solution.” 

Background:

  • In Montana, main street jobs make up 68% of all private sector employment. This makes Montana number one in the nation for main street job creation.
  • Nationally, main street businesses are responsible for 55% of private sector jobs.
  • Two-thirds of new jobs created in America come from main street businesses.   

 

 

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