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Wilson Votes to Back Small Businesses Not Burden Them

March 3, 2011

Congressman Joe Wilson (SC-02) released the following statement regarding the House vote to pass the 1099 Repeal Bill, H.R. 4, the Small Business Paperwork Mandate Elimination Act of 2011:

 "Today's legislation was designed to protect small businesses, their employees, and the American taxpayer. The 1099 Repeal Bill reduces federal spending by $20 Billion over ten years and reduces taxes by $19.7 Billion. Furthermore, it reduces the deficit by $166 Million in the first ten years. Overburdening tax paperwork and expensive regulations prevent small businesses, the back-bone of our national economy, from helping with job creation and economic growth. The federal government needs to stay out of the way of small businesses. Doing so will allow these enterprises to help jump-start the economy."

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