{"database": "press", "table": "releases", "rows": [["http://paulsen.house.gov/index.cfm?sectionid=22&itemid=1914", "Paulsen Promotes Tax Reform to Ignite Startups and Entrepreneurs during JEC Hearing", "2017-10-03", "2017", "2017-10", "Republican", "House", "MN", "Erik Paulsen", "P000594", "paulsen.house.gov", null, null, "legacy", "Washington, D.C.\u00a0\u2013 At a Joint Economic Committee hearing titled \u201cThe Startup Slump: Can Tax Reform Help Revive Entrepreneurship?,\u201d Congressman Paulsen (MN-03) emphasized the importance of tax reform and how it could boost the economy by creating an environment that encourages entrepreneurs.\r\n\r\n\r\n\tStartup companies are a vital part of the economy. According to U.S. Census Bureau data, new firms less than a year old are responsible for nearly all net new job creation, creating an average of 3 million jobs per year. A separate study by the Economic Innovation Group found that each new startup creates an average of six new jobs per year. Unfortunately, current complexities in the tax code hamstring new companies, preventing many from even getting off the ground. For example, the National Federation of Independent Business (NFIB) reports that tax compliance is 67 percent more costly for small businesses than for larger ones. Tax reform will not only help simplify the current code so small businesses and startups can more easily navigate their tax filings, but also close loopholes that benefit larger companies and special-interest groups.\r\n\r\n\tTo watch Congressman Paulsen\u2019s statement and questioning during the Joint Economic Committee hearing, click here.\r\n\r\n\tFor more information on the tax reform framework, click here.\r\n\r\n\tCongressman Paulsen, a champion of small business and advocate of free enterprise, entrepreneurship, and innovation, serves on the House Ways and Means Committee, the bicameral Joint Economic Committee, and is co-chair of the Congressional Medical Technology Caucus.\r\n\r\n\tFor more information on Congressman Paulsen\u2019s work in Congress visit\u00a0paulsen.house.gov.\u00a0\r\n\r\n\t\u00a0\r\n\r\n\t###", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["http://paulsen.house.gov/index.cfm?sectionid=22&itemid=1914"], "units": {}, "query_ms": 0.7142401300370693, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}