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Josh Shapiro: “Increased what's known as the net operating loss, allowing…”

Featuring: Josh Shapiro, Democratic | Governor of Pennsylvania

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Governor Shapiro, Elected Officials, Community Leaders Highlight Working Pennsylvanians Tax Credit

Published | Video Starts at 07:53

So allowing them to invest more in their employees, their product or what have you. And to make it easier for small businesses, which are the lifeblood of our economy, we've Increased what's known as the net operating loss, allowing [small businesses] to deduct more losses. and reduce the risk for their small businesses. So whether it's seniors or families or our businesses, we have cut taxes and we've put money back in people's pockets. (07:53–07:58)

CLAIM

Asserts an increase in net operating loss deductions for small businesses.

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