Robert Hurt: Reforming the tax code and allowing small business to grow

Robert_HurtAs I traveled along Route 58 recently, touring a variety of manufacturing companies, I talked with small business owners and working Virginians about the biggest issues for success in their businesses.  Route 58 is one of the two main arteries of Virginia’s Fifth District, and has a proud history of manufacturing as it connects Southside Virginia directly to the Port of Virginia, making it a strategic area for manufacturers to locate their businesses.  Unfortunately, many communities along Route 58 continue to experience significantly higher unemployment than other areas of Virginia.

As I have heard so many times before, the Fifth District Virginians I spoke with told me about their grave concerns regarding unemployment and the need for policies that help Main Street, small businesses, family farms, and Virginia’s working families by reducing unnecessarily burdensome regulations, and making it easier to do business.

Among the significant concerns impacting Fifth District businesses and their ability to invest in their communities is Washington’s complex and outdated tax code, which continues to stifle small businesses’ ability to grow their operations and create jobs. In the House, we remain committed to reforming the outdated corporate tax code, which has the unfortunate distinction of being among the highest rates in the world.

As part of the bipartisan Jobs for America Act, the House also recently passed America’s Small Business Tax Relief Act to ensure that our small businesses have the certainty they need to grow their businesses. This legislation would make permanent a tax provision that allows small businesses to expense certain investments in new equipment and property each year. By permanently allowing these small businesses to deduct up front the costs of purchasing new equipment and property expenses each year, we are strengthening our economy by making it easier for them to invest back into their businesses. This also relieves these vital job creators from some of their tax compliance costs, which are 65% higher than those of big businesses.

America’s Small Business Tax Relief Act is a vital step forward, but it is just a small part of what we need to do to reform our reform to free our Main Street businesses from government-created obstacles to economic growth. I look forward to continuing to work with my colleagues to foster the success of our small businesses so that they can create jobs and generate opportunity and prosperity for our communities.

If you need any additional information, please visit my website at or call my Washington office: (202) 225-4711, Charlottesville office: (434) 973-9631, Danville office: (434) 791-2596, or Farmville office: (434) 395-0120.

Robert Hurt represents the Fifth District in Congress.

WC: 429


uva basketball team of destiny

Team of Destiny: Inside UVA Basketball's improbable run

Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, by Jerry Ratcliffe and Chris Graham, is available for $25.

The book, with additional reporting by Zach Pereles, Scott Ratcliffe and Scott German, will take you from the aftermath of the stunning first-round loss to UMBC in 2018, and how coach Tony Bennett and his team used that loss as the source of strength, through to the ACC regular-season championship, the run to the Final Four, and the thrilling overtime win over Texas Tech to win the 2019 national title, the first in school history.

augusta free press


Augusta Free Press content is available for free, as it has been since 2002, save for a disastrous one-month experiment at putting some content behind a pay wall back in 2009. (We won’t ever try that again. Almost killed us!) That said, it’s free to read, but it still costs us money to produce. The site is updated several times a day, every day, 365 days a year, 366 days on the leap year. (Stuff still happens on Christmas Day, is what we’re saying there.) AFP does well in drawing advertisers, but who couldn’t use an additional source of revenue? From time to time, readers ask us how they can support us, and we usually say, keep reading. Now we’re saying, you can drop us a few bucks, if you’re so inclined.

augusta free press
augusta free press news