WASHINGTON - Ways and Means Committee Ranking Member Sander Levin (D-MI) issued the following statement on Chairman Dave Camp’s release of a discussion draft to reform the tax treatment of small businesses:
“The draft plan laid out by Chairman Camp includes several proposals that have bipartisan support, including many that were put forward by the Obama administration. The working groups that Chairman Camp and I have set up are undertaking important fact-finding. Going forward, we must allow them to do their work to fully understand the strengths and weaknesses of present law, without prejudicing their discussions by suggesting solutions to problems that are still under investigation. As we proceed, Democrats will continue to work toward tax policies that at every step promote both growth and equity and the need for additional revenues to help lower the deficit and sustain vital progress for our citizens."
