Now, it is entirely possible that another hearing before another committee would have produced the sorts of witnesses who would have gratified that particular questioner with answers that reinforced his pre-existing ideas.

If you watch enough of these hearings, you see it fairly frequently. The Committee Member will question their own witness or someone who they can tell from prepared testimony already agrees with them. They will phrase questions in such a way as to get the witness to make their favorite points for them. It is all for the sake of the record.

But we have to be glad that didn’t happen in this case, because nobody learns anything that way, do they?

As much as I enjoy myth-busting, there is one bit of Congressional lore that I would have a difficult time refuting: tax-writing Congressional committees under Democrats are not friendly to small businesses. House Small Business Committee Chairwoman Nydia Velázquez (D-NY) has openly said that the Ways and Means Committee was not particularly friendly to small [...]

Earlier this month, the National Association for the Self-Employed (NASE) was working Capitol Hill with a single, simple message: “Dear Congress, Please take it easy on the small business owner.” An excellent opportunity for that sort of thing presented itself when the House Small Business Committee, Subcommittee on Finance and Tax, held its first hearing [...]

Barack Obama may have sailed into the White House on a rousing chorus of The Times They Are A-Changin’, but one thing that hasn’t changed a bit is that the tax gap is a headache for microbusinesses that is not going away. In fact, President Obama has been in office for less than 100 days [...]

Overall, America’s small businesses have an effective tax rate of close to 20%, according to an analysis released last week by the SBA Office of Advocacy. The analysis, accurately if unexcitingly entitled Effective Federal Income Tax Rates Faced by Small Businesses in the United States, was performed by Quantria Strategies with funding from Advocacy. More [...]

In another episode of Great Reruns from Congresses Past, a new bill to create a simplified standard home office deduction was introduced in the House last week. This time, the bipartisan legislation, astonishingly entitled the “Home Office Deduction Simplification Act of 2009″ (H.R. 1509), was sponsored by John McHugh (R-NY) and Kurt Schrader (D-OR). As [...]

Another item from previous sessions of Congress that has returned for an encore is the Equity for Our Nation’s Self-Employed Act of 2009 (H.R. 1470), introduced by Congressmen Ron Kind (D-WI), Wally Herger (R-CA), Suzanne M. Kosmas (D-Fla.) and David G. Reichert (R-WA). The bill is another gem of bipartisan legislative simplicity, the bulk of [...]

Over the next two weeks, the House will be considering the broad, sweeping economic recovery legislation we’ve all been hearing about since Election Day, and several House Committees have released details of the parts of the proposal that fall under their jurisdiction last week. From those slightly more detailed descriptions, it would appear that there [...]

It seems these days that Congress, having been sworn in last week, has a bet with itself to see how much can be accomplished before January 20th. Over in the Senate, for example, the scramble is on to hold as many confirmation hearings as possible. That’s only practical. Once he becomes unhyphenated President Barack Obama, [...]

Nobody said those tax breaks don’t help any of the businesses designated as ‘small’ by SBA guidelines, Mr. Chabot. Nobody said the tax breaks were bad, per se. In fact, they are probably a wonderful thing for those firms that make the kind of large investments that generate worthwhile returns from said tax breaks.

But, while they are a great thing for less than 10% of small businesses — including a few of your small business constituents, no doubt — it is important for you to note that the other 90% of small businesses get little to no benefit from them.