SARASOTA, Fla. – U.S. Rep. Vern Buchanan discussed 2017 tax reform topics, including the growing momentum behind his legislation to reduce taxes on small businesses, at the March 31 Meet the Minds luncheon hosted by The Argus Foundation, a nonprofit think tank dedicated to joining business leaders from diverse industries and leveraging their talents and experience to benefit the community.
More than 150 attended to hear Congressman Buchanan speak about his focus on lowering tax rates for individuals and small businesses, simplifying the tax code so that nine out of 10 people could file on a postcard-sized form and enacting tax incentives to help small businesses.
“Tax reform will generate enormous economic growth and create jobs,” Congressman Buchanan said. “It’s time for Washington to stop punishing Suncoast small businesses and start helping them. I’m very pleased my bill is building support.”
His legislation was introduced in the Senate this week by Sens. Bill Nelson (D-Fla.) and Susan Collins (R-Maine). The bill would ensure that most small businesses, which account for 94 percent of all businesses in America, never pay a higher tax rate than large companies or corporations. The businesses that would be helped by Buchanan’s plan account for more than 68 million jobs.
A broad coalition of prominent business and tax reform groups have expressed their support for Buchanan’s measure, including the National Federation of Independent Business, National Association of Manufacturers, Associated Builders and Contractors, the National Retail Federation, Americans for Tax Reform, the Florida Chamber of Commerce and Florida TaxWatch.
“We thank Congressman Buchanan for taking the time to educate and inform the business community on his pro-growth tax policy, which will surely make a difference for our economy,” said Keith Mercier, second vice president on the board of the Argus Foundation and president of CBIZ Insurance Services. “We will continue to hold these significant and enlightening luncheons throughout the year.”
Congressman Buchanan is co-chair of the bipartisan 29-member Florida congressional delegation and is a senior member of the powerful House Ways and Means Committee.
About The Argus Foundation
Established in Sarasota in 1983, The Argus Foundation is a nonprofit think tank dedicated to joining business leaders from diverse industries and leveraging their talents and experience to benefit the community. The organization, which seeks to facilitate communications between the public and private sectors, has more than 170 members from 50 different industries. The Argus Foundation aims to educate and stimulate with informative guest speakers who discuss the important issues impacting the community, state and world. For more information, visit ArgusFoundation.org.
About U.S. Rep. Vern Buchanan
A self-made businessman, Congressman Buchanan understands that America’s economic strength flows from its entrepreneurial spirit and pro-growth, free-market policies. Congressman Buchanan is co-chair of the bipartisan 29-member Florida congressional delegation and is a senior member of the powerful House Ways and Means Committee, which has jurisdiction over tax policy, international trade, health care, welfare, Social Security and Medicare. Buchanan is also chairman of the Oversight Subcommittee.