U.S. Representative Mike Bishop, from Michigan's 8th Congressional District, and Ashley Wilson, Executive Director of Congressional and Public Affairs for the U.S. Chamber of Commerce, discussed the federal Tax Cuts and Jobs Act at a meeting of the Chamber's Tax Policy Advisory Committee last week. At the meeting, Wilson said, "Small business optimism is up; it's the highest in a decade
Wilson also talked about how the reform progressed through Congress, the challenges facing passage, and some initial results of the two-month-old law. In addition, she discussed changes that will need to be made going forward through followup legislation and department rulemaking. View Wilson's Powerpoint presentation, The Path to Pro-Growth Tax Reform.
Congressman Bishop touched on some of the exciting news he has personally come across as a result of tax reform - from increases in hiring, bonuses, and other increases in employee benefits. Many thanks to Congressman Bishop for taking the time to address our committee, even while he was helping his constituents deal with the recent flooding across the state. We appreciate that his first priority was to aid his constituents, and truly honored and impressed that he still found time to meet with Chamber members to discuss the important effects of the recently passed federal tax reform legislation.
After hearing about US tax reform, the committee went on to discuss challenges facing the business community when it comes to tax policy, pending tax legislation, and ideas on future tax proposals. The Chamber Tax Policy Advisory Committee meets quarterly and is open to Michigan Chamber members who wish to play an active role in crafting and influencing tax policy for the state of Michigan.
For more information, contact Dan Papineau at email@example.com.