PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

KEY VOTE: H.R. 1 is a Vote for Small Business and Entrepreneurship

By at 18 December, 2017, 8:52 pm

Dear Member of the United States Congress:

America’s burdensome and non-competitive tax system has long been a major challenge and top issue of concern for our nation’s small businesses and entrepreneurs.  The “Tax Cuts and Jobs Act” (H.R. 1) finally changes that by providing significant tax relief.  The pro-growth provisions in H.R. 1 are exactly what small businesses need right now and what our economy needs right now to restore widespread growth and dynamism. Sustainable economic growth is not only vital to the success of local businesses, but it is critical for the creation of new businesses.

SBE Council strongly supports H.R. 1 and urges you to vote in favor of this historical legislation. H.R. 1 will be scored as a KEY VOTE for entrepreneurs and small businesses, and will be included in our forthcoming Ratings of the 115th Congress.

Thankfully, very favorable economic conditions are emerging and there is renewed small business optimism across America.  H.R. 1 will serve to energize both of these, along with growing consumer confidence.  The bill provides a massive and much needed capital infusion into the economy, and will spark a positive flow of activity from a range of sources – consumers, entrepreneurs, corporations, middle-class families, and investors – that will further improve economic conditions and benefit many more Americans.

H.R. 1 reduces taxes for all U.S. businesses. This means small businesses will have access to more of their hard-earned capital to reinvest in their enterprises, employees, expansion plans and local communities.  H.R. 1 will boost U.S. competitiveness and investment, the latter of which is key to higher wage growth, innovation and launching new enterprises.

By lowering tax rates for small businesses and middle-class families and individuals – that is, giving Americans back more of their money to save, educate their children, start a new business or invest in a local business – our economy can finally grow at levels that entrepreneurs know the U.S. has the capacity to grow at, thus providing more Americans with financial stability and the opportunity to attain the American Dream.

SBE Council urges you to vote in favor of H.R. 1. Thank you for your consideration and support of America’s entrepreneurs, small businesses and their workforce.

Sincerely,

Karen Kerrigan, President & CEO

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