Small Business Majority submits written testimony detailing the importance of supporting entrepreneurs through bottom-up tax reforms

On September 20, Small Business Majority Founder and CEO John Arensmeyer submitted written testimony to the U.S. Senate Committee on Finance which outlines how tax provisions enacted through the 2017 Tax Cuts and Jobs Act have disproportionately benefited larger, wealthier entities as opposed to Main Street businesses. The testimony highlights our recent research, which found that 82% of small business owners agreed that the current tax system favors large corporations over their small business, and outlines tax reforms for 2025.