On February 19, Small Business Majority Colorado Director Hunter Nelson testified in support of House Bill 25-1090, legislation that would provide greater transparency in pricing of goods, services and property for both consumers and small businesses, including common area maintenance (CAM) fees for small businesses.
On March 11, Small Business Majority sent a letter to House and Senate leadership ahead the consideration of a full-year continuing resolution (CR) to urge lawmakers to rather prioritize the needs of America's entrepreneurial community through the passage of a clean, short-term CR that allows Congress to work in a bipartisan manner to fulfill its duty of enacting all 12 FY25 appropriations bills to properly fund the agencies and programs that small businesses utilize to grow.
As a new Congress and administration have come into power and dramatically changed a number of federal policies, it’s important that policymakers take the views of entrepreneurs into account. One major change on the minds of small business owners is the president’s announcement of proposed 25% tariffs on imports from Canada and Mexico and recently enacted 10% tariffs on Chinese imports. The administration has also begun to increase mass deportations, leading to workplace raids by U.S. Immigration and Customs Enforcement agents.
Small Business Majority’s new national opinion poll of small businesses reveals that they believe they’re not competing on a level playing field in the federal tax system with large corporations. While many small business owners are aware of and take advantage of the 20% pass-through deduction, the benefits of this deduction are skewed in favor of a small number of the wealthiest businesses. As a result, they support several reforms, including a fixed standard deduction. Additionally, entrepreneurs support maintaining increased IRS funding so that they can properly execute their mission to improve customer service and increased audits of wealthy taxpayers and large corporations.
On February 8, Small Business Majority sent a letter to President Biden urging him to underscore the importance of continued investments in America's small business during his State of the Union Address.
On September 26 and 27, Small Business Majority hosted an advocacy fly-in event, “Small Business Speaks: Two Days in Washington with Small Business Majority.” Nearly 30 entrepreneurs from the organization’s national and state Small Business Councils attended the event to build community and ensure that federal policymakers heard the true voice of small business.
As recent banking closures like the Silicon Valley Bank collapse shake the financial system, Small Business Majority surveyed small business owners and decision-makers around the country to understand their concerns about banking and access to credit.
On April 7, Small Business Majority submitted a letter to the U.S. Committee on Health, Education, Labor & Pensions, urging the committee to confirm the nomination of Julie Su as the next Secretary of Labor. Deputy Secretary Su is collaborative, works well with small business groups, and will ensure that small businesses and their employees are truly supported and prioritized.
Small Business Majority’s Illinois policy agenda outlines policies that advance and promote equitable pathways for entrepreneurship while ensuring small businesses are key to a thriving and inclusive economy. Illinois' 1.3 million small businesses employ 2.3 million people, representing 43.6% of the private workforce. This agenda recognizes the distinct needs of both solopreneurs, who make up 80% of all businesses, and employer firms.
Today, John Arensmeyer submitted a comment letter for the Department of Labor's propsed rule on Employee or Independent Contractor Classification Under the Fair Labor Standards Act.
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