Tax policy

“Fiscal Cliff” Deal Good for Small Business, but More Needs to be Done

John Arensmeyer

Original statement issued Jan. 1, 2013:

The small business community and the nation breathed a sigh of relief today as lawmakers reached a bi-partisan 11th hour deal to avert the “fiscal cliff,” while taking significant steps to reduce our budget deficit. However, more work must be done to put our country on a responsible path toward long-term economic growth and fiscal sustainability.

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Entrepreneurs to Congress: Extend Middle Class Tax Cuts Now

The New Year is just around the corner, which means we’re mere days away from falling off the so-called fiscal cliff. This impending situation — created by a vast array of tax provisions set to expire January 1, at the same time that across-the-board spending cuts start to kick in — could spell disaster for the small business community and our slowly recovering economy.

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Poll Finds Small Businesses Wary of Fiscal Cliff, Looking for Pragmatic Fix

John Arensmeyer

As Fairfax, Va., small business owner Mike Brey prepares to close the books on 2012, he’s also starting to make expansion plans. But he hasn’t sealed the deal on his two new Hobby Works stores yet — largely because of growing economic uncertainty as we race toward the edge of the “fiscal cliff.”

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Pushing High-Income Tax Cut Under Small Business Guise: Not Good Fiscal Policy

John Arensmeyer

As the year progresses, small business owners are becoming increasingly iconic in Washington. In the latest round of legislative battles over whether to eliminate tax breaks for high-income earners, the small business voice is unscrupulously being leveraged to push a partisan agenda — an agenda that assumes small business owners are high-income earners. But there’s a problem. For the most part, they’re not. And the real voices of small business owners are fighting to be heard.

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Tax Reform Will Help Level Economic Playing Field for Small Businesses

John Arensmeyer

Statement by John Arensmeyer on February 22, 2012:

The president’s tax reform plan announced today is exactly what small business owners have been asking for. It will create a more level financial playing field for small and large firms, promoting healthy competition that stimulates the economy.

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