Eric Cantor visits small businesses in near west end
RICHMOND, Va. (WTVR)–Two Virginia lawmakers spent some time visiting Richmond’s shops at Libbie, Grove and Patterson today.
Congressman Eric Cantor and Delegate Manoli Loupassi weren’t shopping.
They visited several small businesses, talking directly with those owners about the challenges they’ve been facing in this economy.
Cantor was promoting his Small Business Tax Cut, H.R. 9, which passed the House in April but has stalled in the Senate.
This plan proposes to give small businesses a 20 percent tax cut.
President Obama recently encouraged Congress to pass legislation that gives a 10 percent income tax credit for firms that create new jobs or increase wages in 2012 and that extends 100 percent expensing in 2012 for all businesses.
The president said that the plan, called the “To Do List,” would “jump start new hiring and entrepreneurship.”
Several of local business owners spoke in favor of Cantor’s tax cut, one saying “It’s essential to helping us stay open and grow our business.”
Following his visit, Cantor said, “…Regardless of our politics, we need to work together and make it easier for our small businesses to grow and create jobs.”
Just click on the video to see what else Cantor had to say.