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Erik's Correspondence Corner: Small Business Tax Reform & Flexible Spending Accounts

 

FOR IMMEDIATE RELEASE: April 20th, 2011

CONTACT: Philip Minardi, (202) 225-9203 or Philip.Minardi@mail.house.gov

 

Erik's Correspondence Corner: Small Business Tax Reform & Flexible Spending Accounts

Keeping the lines of communication open with constituents

Washington, D.C. – In this week’s installment of  “Erik’s Correspondence Corner” video series, Representative Erik Paulsen (MN-03) directly responds to questions sent in from Scott in Wayzata and Lynda in Coon Rapids. 

Scott, a small business owner, wrote in expressing his concerns about the tremendous burden the current tax code has placed on his ability to grow, expand, and hire. Also this week, Rep. Paulsen heard from Lynda, who called in to voice her concern about the change in the President’s new healthcare law which forces consumers who use Flexible Spending Accounts (FSA) and Healthcare Savings Accounts (HSA) to get a doctor’s prescription when purchasing over-the-counter medicines like Tylenol and Claritin. 

Each week, Representative Paulsen receives thousands of letters, emails, tweets, Facebook posts, and phone calls from constituents voicing their opinions. Through this video series, Representative Paulsen will regularly respond to constituent correspondence on a variety of topics. 

 

Watch this week’s video here.

On Small Business Tax Reform: 

“I really do believe that comprehensive tax code reform is the answer. We have to reduce the rates, we have to broaden the base, we have to clear out a lot of the underbrush with these special interest loop holes that only help a few. That’s the direction to go. We’ve been doing a lot of that work in Ways and Means to move comprehensive tax reform in that direction.”

“We’re going to try and do our part to do what we can to help small business. This week in the House we passed a straight 20% deduction for all small businesses off your taxes. Doesn’t matter if you’re a manufacturer, a service providerIf you’re a small business, it’s going to go straight to your bottom line to invest in your people, to invest in your equipment, and help create jobs.”

“Minnesota has more than 116,000 small businesses, employing about 1.2 million people. This is the backbone of our economy. So, were trying to directly help small business to get our economy moving again.”

On FSA Change in President’s New Healthcare Law:         

“I’ve got the bill that actually repeals that provision of the healthcare law. We’ve got well over 119 cosponsors with bipartisan support. I’m going to continue to fight for it and advocate for it to make sure we are moving back in the direction of allowing you to use your own healthcare dollars as you see fit.”

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