WASHINGTON, D.C., July 27 – AAHOA President and CEO Chip Rogers issued the following
statement in response to the announcement of Tax Reform 2.0:
“The Tax Cuts and Jobs Act continues to provide relief to AAHOA members and all small
business owners since its passage last year. The law jumpstarted business development through
provisions such as the 20 percent rate reduction in pass throughs, the elimination of the
Alternative Minimum Tax for businesses, and lower individual and corporate tax rates. Thanks
to these welcome changes to the tax code, hoteliers are capitalizing on their increased savings by
increasing employee wages, creating new jobs, and improving their properties. Unfortunately,
many of the provisions that are helping America’s small businesses contribute to record
economic growth are set to expire in 2025. That’s why AAHOA’s 18,000 members strongly urge
Congress to support the “Tax Reform 2.0” package introduced by House Ways and Means
Committee Chairman Kevin Brady. This bill will make these essential provisions permanent
components of the tax code. Doing so will give small business owners the peace of mind to
continue investing their tax savings in new jobs, higher wages, and new business development.”
