Washington, D.C. – Nevada Senator Harry Reid issued the following statement after Republicans voted to block the Small Business Jobs and Tax Relief Act. “The legislation Republicans blocked was a common-sense proposal that provided small businesses with two tax cuts designed to create jobs. Under our proposal, small businesses would have received a 10 percent…
Democrats’ Plan Would Lock in Low Tax Rates for Ninety-Eight Percent of Americans Washington, D.C. – Nevada Senator Harry Reid spoke on the Senate floor today regarding Senator Orrin Hatch’s amendment to the Small Business Jobs and Tax Relief Act, which would raise taxes on 25 million American families. Below are his remarks as prepared…
Washington, D.C. – Nevada Senator Harry Reid spoke on the Senate floor today regarding President Obama’s proposal to cut taxes for the 98 percent of American families – including 97 percent of small businesses – that make less than $250,000 a year. Below are his remarks as prepared for delivery: Over the last few years,…
The Small Business Jobs and Tax Relief Bill that’s under consideration in the Senate has wide support among Democratic senators for one major reason, in particular: It creates much-needed jobs across the country. Take a look at the map below for a glimpse of how many jobs could be created by state, or click here…
Nonpartisan Analysis Projects That Nearly Two-Thirds of New Job Creation Would Come From Small Businesses Manufacturing, Construction Among Industries That Would Get Biggest Boost Study Adds Fresh Momentum to Tax Cut Proposal Ahead of Key Test Vote in Senate Later Today WASHINGTON, DC—The small business tax cut proposal under consideration this week in the Senate…
By Contrast, Republicans’ Plan Would Hand More Tax Breaks to “So-Called Small Business Owners Like Kim Kardashian and Paris Hilton” Washington, D.C. – Nevada Senator Harry Reid spoke on the Senate floor today regarding the Small Business Jobs and Tax Relief Act. Below are his remarks as prepared for delivery: My Republican colleagues talk a…
Small businesses are vitally important job creators and engines of economic growth. Congress can make it easier for small businesses to succeed and strengthen the recovery with real tax relief that lowers the cost of doing business. Senate Democrats have proposed the Small Business Jobs and Tax Relief Act of 2012, which contains common sense…
Washington, D.C. – Senate Majority Leader Harry Reid released the following statement today following Senate passage of a small business capital formation bill: “Passing this small business bill is a small step towards creating jobs, but now it’s time for House Republicans to take the much more important step of passing the Senate’s bipartisan transportation…
Washington, D.C. – Nevada Senator Harry Reid spoke on the Senate floor regarding amendments to the Senate’s small business capital bill. Below are his remarks as prepared for delivery: There is broad, bipartisan, bicameral support for the legislation the Senate is considering today, H.R.3606 – the IPO bill. This bill passed the House on an…
Washington, D.C. – Senate Majority Leader Harry Reid released the following statement after Republicans rejected a bipartisan amendment to add the Export-Import Bank reauthorization to a bipartisan small business bill: “Today, Republicans voted against an overwhelmingly bipartisan measure that would have supported more than 300,000 American jobs simply to provide cover for Tea Party extremists…