Small business is the backbone of our economy in the Eighth District of Missouri. Government regulation does not create jobs, but instead inhibits small businesses. Seven out of ten jobs are created by small businesses. Washington should encourage, not overregulate job growth and small business creation.
We must focus on reforming our tax code. By simplifying the thousands of pages of IRS regulations, small business owners can focus on building their business instead of filling out complicated tax forms. Red tape is strangling our small businesses and money spent on regulations detracts from budgets that could be spent on growing businesses and hiring more employees.
More on Small Business
CAPE GIRARDEAU, MO – Congressman Jason Smith stopped in Cape Girardeau this week to visit two small businesses and discuss issues they are facing. First, Smith stopped at a UPS store and then visited Lazy L Safari, a family-run agribusiness. Both small businesses are locally owned and operated, hire hardworking Missourians and are involved in the community.
At the UPS store, owners Doug and Diana Rystrom have seven employees and shared that they reach out to local high schools, colleges and churches when hiring.
MOUNTAIN GROVE, MO – On June 5, 2017, Congressman Jason Smith met with Dr. Logan Williams in Mountain Grove, Missouri to learn how he started his veterinary practice and discuss federal regulations that impact small business owners in Missouri.
Williams shared with Smith how an Obama-era regulation called the Veterinary Feed Directive (VFD) complicates and slows down his veterinary practice with unnecessary paper work.
Small Businesses. They are the driving force behind our economy and there is truly nothing small about them. 97.5% of all businesses in Missouri are “small” and there are nearly 20,000 small businesses in southeast and south central Missouri. Across America, small businesses employ over half of the workforce and create 7 out of every 10 new jobs.
ROLLA, MO – On June 1, 2017, Congressman Jason Smith met with Mark and D’ettra Kearse, owners of Fugitive Beach in Rolla, Missouri to learn how they started their business and discuss opportunities in the Missouri Tourism industry.
“Fugitive Beach is an awesome example of entrepreneurship stemming from the tourism industry in Missouri,” said Congressman Smith.
HILLSBORO, MO – On May 31, 2017, Congressman Jason Smith met with Hillsboro small business owners to discuss a variety of issues facing their businesses. The roundtable was held at one of the newest small businesses in Hillsboro, the Russell House Restaurant Inn and Brewery.
Small business owners ranging from the food industry to insurance and welding talked with the 8th District Congressman about their concerns.
WASHINGTON, D.C. – Today Congressman Smith voted to keep a $622 billion tax increase from hitting American families. One of the most important provisions for farmers and small business owners in the Protecting Americans from Tax Hikes (PATH) Act is providing tax relief for equipment and property purchases through Section 179 of the tax code. The PATH Act would make permanent Section 179 expensing, allowing for an immediate deduction on equipment purchases for farmers and small business owners.
Washington, D.C. – With today’s bipartisan passage of the Trade Facilitation and Trade Enforcement Act, Congressman Jason Smith stood up for local manufacturers.
The Trade Facilitation and Trade Enforcement Act fosters economic growth to allow businesses to thrive in the 21st Century global economy by stepping up enforcement of trade agreements, reducing barriers to legitimate trade, making American exports more competitive, and facilitating small business competition in the global marketplace.
America needs a healthy economy that puts folks in control and on the path to financial independence, but last week five unelected bureaucrats at the National Labor Relations Board (NLRB) made a decision to set our economy back and hurt job growth. The NLRB, a federal agency that oversees the organization of labor unions, opted to change the way employees at franchises like McDonald’s, Colton’s Steakhouse, or Anytime Fitness are characterized. This decision will have a devastating effect on small businesses and job creators across the country.
Music filtered out of her workshop as she worked, faintly covering the sound of a large fan that ticked close by.