WASHINGTON, Sept. 14 -- The House Ways & Means Committee Chairman issued the following news release:
WASHINGTON, D.C. - The Working Families Tax Cuts are giving small business owners the certainty to invest, expand, and create jobs. For Oklahoma small business owner Tina Patel, that's meant growing a family hotel business into a fixture of the Tulsa community. Mrs. Patel, co-principal and CFO of Promise Hotels in Tulsa, Oklahoma, employs more than 165 workers across seven hotels. Permanent tax relief, including the section 199A small business deduction and 100 percent bonus depreciation, is giving her family's company the certainty to grow without the fear of a tax increase. The renewed Opportunity Zone program has opened new opportunities...