To the editor:
The economy is booming as a result of last year’s Tax Cuts and Jobs Act. Unemployment is down. Consumer confidence is up. And the second quarter GDP growth rate has surpassed 4 percent—which means that the increase in taxable income will help quell budget shortfalls.
But most importantly, the tax relief is allowing current small business owners to expand operations and invest in new employees, while at the same time encouraging the younger generation to step up to the plate and become entrepreneurs themselves. This is how the American Dream will continue to live on.
Congress hit a home run on the last round of tax cuts. Now it’s time to make it a grand slam by extending them.
Lina Patel
Female Director – Eastern Division
Asian American Hotel Owners Association
Cincinnati, Ohio
