Capito, Jenkins report on positive impact of tax reform

HUNTINGTON – Recently passed federal legislation is already benefiting small businesses, workers and their families, U.S. Sen. Shelley Moore Capito told local leaders Wednesday.

Capito, R-W.Va., and U.S. Rep. Evan Jenkins, R-W.Va., spoke with small business owners and local leaders in Huntington during an invitation-only roundtable discussion.

According to a news release, Capito said the discussion focused on how the Tax Cuts and Jobs Act benefits, as well as other solutions that could create jobs, drive economic growth and prepare students and others to succeed in the workforce.

"Small businesses are the backbone of our economy and our communities, which is why helping small businesses grow and succeed was a key part of our tax reform efforts. It's exciting to hear how the new tax law is already benefiting small businesses, workers, and individuals in Huntington and across the state," Capito said in a press release following the event. "I'm proud of what we accomplished with tax reform, but I also know there is more work to be done. Let's continue building on the momentum we've created, and keep West Virginia moving forward."

Jenkins said in the same release that tax reform is good news for West Virginia working men and women.

"Every day we hear example after example of employees keeping more of their hard-earned money, as well as businesses reinvesting in their companies and employees," he said. "West Virginia is seeing an economic recovery, and we can build on this momentum to create more jobs and more prosperity for all West Virginians."

Huntington Regional Chamber of Commerce President and CEO Bill Bissett took part in the discussion and said he believes tax reform is part of an increased optimism in the Huntington region.

"I would suggest that part of that optimism is connected to tax reform," he said. "Whether it puts more money back into the private sector or into the hands of employees, it gives us more opportunity to support and grow our existing businesses here at home and also increase the incomes of working West Virginians."