Today, Congressman Bob Latta (R-OH5) introduced the Permanently Repeal the Estate Tax Act of 2021, legislation that would eliminate the Federal Estate Tax, also known as the death tax. Latta introduced the legislation in previous Congresses and was a leader in the Ohio legislature of efforts to eliminate the Ohio Estate Tax.
“The death tax creates real and unfair consequences for our… Read more »
Congressman Bob Latta (R-Bowling Green) has been named a “Guardian of Small Business” by the National Federation of Independent Business (NFIB), the nation’s largest small business organization. Latta received the award based on his 100% pro-small business voting record. Legislation that Latta has supported that would help small businesses include the Tax Cuts and Jobs Act, a Balanced… Read more »
Congressman Bob Latta (R-Bowling Green) joined his colleagues in passing three pieces of legislation known as “Tax Reform 2.0” this week to continue economic momentum that was kicked off by the passage of the Tax Cuts and Jobs Act in late 2017. Included in the Tax Reform 2.0 package is legislation to expand tax-free savings opportunities for Americans, tax cut permanency for small… Read more »
Congressman Bob Latta (R-Bowling Green) highlighted the benefits that pro-growth policies are playing for manufacturers at an Energy and Commerce Subcommittee on Digital Commerce and Consumer Protection (DCCP) hearing today. The hearing, entitled, ‘Built in America: Jobs and Growth in the Manufacturing Sector,’ also heard from Nikki Moyers, VP of Operations at Perrysburg’s Jerl Machine.… Read more »
Congressman Bob Latta (R-Bowling Green) released the following statement after the May jobs report exceeded expectations by showing 223,000 jobs were created, wages are on the rise, and unemployment matching its lowest rate of the last 49 years. According to the Labor Department figures, average hourly earnings increased by 2.7 percent from a year earlier. Unemployment now stands at 3.8%,… Read more »
After the release of April’s job numbers by the Bureau of Labor Statistics shows the lowest unemployment rate in 18 years, Congressman Bob Latta (R-Bowling Green) is highlighting the effect that pro-growth policies are having for American families. The unemployment rate has now reached 3.9%, a number not seen since the year 2000. Unemployment claims are also the lowest they’ve been since… Read more »
Congressman Bob Latta (R-Bowling Green) voted for a package of legislation this week to reform, modernize, and hold accountable the Internal Revenue Service (IRS). The policy reforms would represent the largest amount of changes made to the agency in more than 20 years. The centerpiece of the bipartisan bills passed by the House is H.R. 5444, the Taxpayer First Act, which would require… Read more »
Congressman Bob Latta (R-Bowling Green) released the following statement regarding this year’s Tax Day, April 17.
“April 17 will be the last day that nearly all Americans will have to think about that old, outdated tax code that punished U.S. businesses, confused countless families, and forced Americans to buy a product they didn’t want. After today, the full focus is on the Tax Cuts… Read more »
Today, Congressman Bob Latta (R-Bowling Green) toured 20/20 Custom Molded Plastics in Holiday City to discuss what the business is doing in light of the recent passage of the Tax Cuts and Jobs Act. In part because of tax relief provided by the new law, 20/20 increased the hourly wages of their employees by 50 cents per hour, equivalent to more than $1,200 annually for full-time workers.… Read more »
