Tax policy

The Agenda for New Mexico's entrepreneurs

Small Business Majority has created a comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in New Mexico. It’s critical that state lawmakers enact short- and long-term policies to support and empower entrepreneurs by guaranteeing their access to capital, an infrastructure that can support their ability to offer quality jobs, and their ability to compete fairly now and in the future. To achieve these goals, policymakers should consider the following policy proposals. 


The Agenda for Wisconsin’s Entrepreneurs

Small Business Majority’s policy agenda ensures that small business is at the center of a thriving and inclusive economy in Wisconsin and advances policies that promote equitable pathways for entrepreneurship. The state’s 461,000 small businesses employed 1.3 million people in 2021, and small businesses have historically driven job growth .  Yet, small businesses in Wisconsin continue to face setbacks from the COVID-19 crisis and struggle to access critical financing and resources.


The agenda for Virginia’s entrepreneurs

Virginia is home to more than 800,000 small businesses, employing 1.6 million people and accounting for 99.5% of all businesses in Virginia. Small Business Majority has created a comprehensive state policy agenda to ensure small business ownership and entrepreneurship are at the center of a robust, equitable, and competitive economy for the Commonwealth.


Small Business Majority submits written testimony on reforming the tax code to foster a thriving and equitable small business economy

On April 5, Small Business Majority Founder and CEO John Arensmeyer submitted written testimony to the House Committee on Small Business ahead of their hearing entitled “Tax Day: Exploring the Adverse Effects of High Taxes and a Complex Tax Code.”


Small Business Majority Testifies in Support of Closing Corporate Loopholes in Tax Code

On January 17, Small Business Majority Founder and CEO John Arensmeyer testified before the U.S. Senate Committee on Budget at a hearing on closing corporate loopholes that reward offshoring jobs and profits in the tax code. He shared comments on initiatives to bring parity to the tax code and recover lost revenue that would greatly support the small business community.


Small Business Majority files amicus brief in Moore v. U.S.

On October 23, Small Business Majority, alongside Main Street Alliance and other small business advocates, filed an amicus brief in Moore v. U.S. urging the U.S. Supreme Court to uphold the Mandatory Repatriation Tax (MRT) previously enacted by Congress. The brief outlines the importance of a stable and predictable federal tax structure to small business growth and competition and how efforts to undo federal tax provisions like the MRT will cause uncertainty for entrepreneurs.


Small Business Speaks: Two Days in Washington with Small Business Majority

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.


2024 Policy Priorities

: 2024 Policy Priorities

Executive summary

The Agenda for America’s Entrepreneurs sets forth policies that empower America's diverse entrepreneurs to build a thriving and equitable economy. Spanning across three key pillars that underpin our work, we advocate for policies that increase equitable access to capital, foster a sustainable workforce and promote a level playing field for entrepreneurs. If implemented these policies would ensure the growth of a robust small business ecosystem, reduce barriers and expand access to the American dream.  


Small Business Majority Founder and CEO Submits Written Testimony Ahead of House Small Business Committee Hearing

Today, Founder and CEO, John Arensmeyer, submitted written testimony for the House Small Business Committee's "Paying Their Fair Share" hearing, which will occur on April 18th. The testimony outlines tax policy changes and provisions that would help level the playing field for small businesses. 


Small Business Majority supports expansion of EITC and CTC in Colorado

On March 27, Small Business Majority's Colorado Director Lindsey Vigoda submitted testimony to the Colorado House Finance Committee on HB 23-1112, legislation that would expand the state-level Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) for working Coloradans.