Today, hundreds of small business owners and business organizations added their names to a letter urging Congress to pass the Inflation Reduction Act of 2022. The letter outlines how small businesses stand to benefit from the legislation, namely by improving access to healthcare, increasing tax enforcement on large corporations, and making meaningful climate change investments.
Today, John Arensmeyer, CEO and founder, submitted a letter to Congressional leadership offering strong support for the Inflation Reduction Act of 2022. The Inflation Reduction Act's provisions would improve access to healthcare, increase tax enforcement on large corporations, and make meaningful climate change investments.
Small Business Majority has released its comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in Virginia during and after the COVID-19 pandemic. It’s critical that state lawmakers enact policies to support and empower these entrepreneurs by guaranteeing that they have access to capital to sustain their businesses, affordable and quality healthcare and the tools and benefits they need to grow now and in the future.
Hundreds of small business owners have added their names onto a sign-on letter calling on Congress to immediately invest in human infrastructure. Entrepreneurs and employees need access to benefits that will help us compete and ensure employees have the resources they need to fully participate in the workforce, as well as reforms to level the playing field for small businesses, particularly when it comes to tax reform.
President and CEO of Small Business Majority, John Arensmeyer, submitted a letter of support for the provisions in the Small Business title of the Budget Reconciliation package. The provisions in the Small Business Committee title will make $25 billion worth of critical investments for small businesses on their road to recovery. Mr. Arensmeyer called on Congress to immediately pass these measures as part of the package.
Today, Small Business Majority offered recommendations to state and local governments on how to distribute funding administered through the American Rescue Plan that would support small businesses. State governments are ideal for providing this support due to the stimulus aid provided to them via the American Rescue Plan. Strategic investments can have a transformative impact on the long-term sustainability of a small business ecosystem.
Small Business Majority has released its comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in Virginia during and after the COVID-19 pandemic. It’s critical that state lawmakers enact both short- and long-term policies to support and empower these entrepreneurs by guaranteeing that they have access to capital to maintain and pivot their business, affordable and quality healthcare and the tools and benefits they need to sustain themselves now and in the future.
Small businesses have become a key weapon in politicians’ arsenals when arguing for practically any policy that has an economic impact. Policies associated with the current tax debate are no exception. Countless rounds of legislative battles have been and will continue to be fought over whether small businesses will be hurt if tax breaks for high income earners are allowed to expire at the end of 2012.
For the second time since the summer of 2011, Congress is debating whether or not to raise the federal debt ceiling—the legal limit on how much the federal government can borrow. While addressing our debt is an important issue that carries weight for small business and the economy, some politicians have been misusing the debt ceiling as a mechanism for furthering their own partisan agendas. Short-term solutions lead to uncertainty for small businesses and our job creators want our leaders to put this issue to rest.
As small business owners prepare to close the books on 2012, our country is fast approaching the edge of what’s been dubbed the “fiscal cliff.” This critical situation—created by a host of tax cuts set to expire at the end of 2012, coupled with billions of dollars in automatic spending cuts that will be triggered if Congress and the president can’t agree on a way to reduce the deficit by year’s end—has dire consequences for small businesses. Many of the tax provisions set to expire benefit small businesses and the middle class, small businesses’ core customer base.