Congressman Lloyd Smucker Talks the Main Street Tax Certainty Act

Congressman Lloyd Smucker of the State of Pennsylvania is talking with Gene Marks about his sponsored bill, the Main Street Tax Certainty Act. Tune in to this episode of Paychex THRIVE, a Business Podcast, to hear what he had to say about where this bill stems from, what types of businesses this act will support, more about tax rates and previous acts, and much, much more.

 

Topics Include:

00:00 – Episode preview

01:02 – Welcome, Congressman Lloyd Smucker

01:30 – Introduction to the Main Street Tax Certainty Act

02:20 – What businesses this act supports

03:30 – What a small business is defined as

03:58 – Growing the economy

05:28 – Where this bill stems from

07:01 – Tax rates

07:32 – Tax Cuts and Jobs Act

11:05 – Main Street Tax Certainty Act

12:10 – Where the bill goes from here

12:40 – Who has endorsed this bill

13:45 – Any opposition to this bill

15:03 – Success of Tax Cuts and Jobs Act

18:02 – Outlook of the future

20:49 – Wrap up

 

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DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.