The reality is we are going to pass one of the best tax bills if we have a republican led house. Challengingly. And If it fails, 90% of Iowa's businesses qualify as small businesses. That's more than 50% of our workforce. That would be forced to revert to an old tax scheme that Biden has pledged and Harris is leading. That would cause a 46% tax increase on small businesses and for families. (50:51–51:00)
CLAIM
Asserts that 90% of Iowa's businesses are small businesses, employing over 50% of the workforce.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
