Congressman Carney Hears From Entrepreneurs and Individual Taxpayers on Tax Reform

Press Release

Congressman John Carney (D-DE) hosted a roundtable discussion on Wednesday on reforming the federal tax code. The forum was attended by local entrepreneurs, business leaders, and individual taxpayers who shared their experiences with the federal tax code and offered their thoughts on how to make the system better. Congressman Carney led the discussion, giving his own thoughts about how to achieve comprehensive tax reform, so that our system can better support start-up businesses and middle class families.

Wednesday's discussion took place at the office of The Archer Group, an advertising agency in Wilmington. Participants included Keith Elliott, iOS Mobile Development Lead at Barclaycard; Steve High, technical lead at The Archer Group; Rory Laitila, Mentor at Start It Up Delaware and Owner of itr8group; Tim Mihok, Chief Financial Officer at The Archer Group; Katie O'Hara, Owner at Katie O'Hara Design; Michael Smith, Former Marketing Director at DuPont; Maisha Thoms, Founder/Managing Director at CAM Consulting Group.

"Tax reform is an area of bipartisan interest," said Congressman Carney. "The federal tax code has become an impediment to economic growth. Businesses should be making decisions based on business factors and the market, not tax implications. Small businesses and entrepreneurs are a large and growing segment of the economy, so as we look at making changes to the tax code, we need to include their thoughts and concerns."

Tim Mihok, Chief Financial Officer of the Archer Group, expressed the need for small businesses to have more certainty on tax policy in order to make more strategic decisions on investments in their business and employees. "Get the information into our hands sooner so we can make educated decisions," said Mihok.

Wednesday's meeting was the latest stop in the Congressman's tax reform listening tour this week, where he will be hosting a series of events and roundtable discussions focused on the federal tax code and ideas for comprehensive tax reform. Congressman Carney will meet with business leaders, students, entrepreneurs, individual taxpayers, and other stakeholders to get a diverse perspective on this important issue throughout the week.

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