PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

KEY VOTE for Entrepreneurs: TAX CUTS AND JOBS ACT

By at 1 December, 2017, 2:27 pm

December 1, 2017

Dear United States Senator:

The Small Business & Entrepreneurship Council (SBE Council) and our more than 100,000 members nationwide strongly support the Tax Cuts and Jobs Act.  The bill provides significant and long overdue tax relief to America’s entrepreneurs, and will fuel strong economic growth that will help boost the revenues and competitiveness of all our businesses.

The weak state of the economy has been the top issue of concern for small business owners for nearly a decade. They have struggled under poor economic conditions while higher costs from health coverage, taxes and regulations have piled on.  Tax relief is long overdue, and getting a tax bill signed into law will fuel high levels of optimism among small businesses, provide them with more capital to reinvest into their firms, and drive strong and sustained economic growth, which vastly improves their outlook for revenue growth and expansion.

Lower rates for small businesses, regardless of how these firms are structured, combined with improved expensing and cash accounting rules will ease burdens and support investment and growth.  Lower tax rates on the individual side, along with progress on simplification and other provisions to help families, also benefit small business owners in their efforts to build financial security for themselves and their families.

Investment and entrepreneurship have suffered greatly over the past decade. But the policy and economic climate is now improving, and significant tax relief and reform will bolster both small business competitiveness and new business creation in America.  The dearth in entrepreneurship means millions of new businesses have not started, which only hurts innovation, economic dynamism and quality job creation. The Tax Cuts and Jobs Act will encourage and support entrepreneurial activity.

SBE Council strongly urges you to vote for the Tax Cuts and Jobs Act, and will KEY VOTE the bill in our Small Business Ratings of the 115th Congress.  Thank you for your consideration, and your support of America’s entrepreneurs and small businesses.

Sincerely,

Karen Kerrigan, President & CEO

PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

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