Washington, D.C. (March 28, 2019) – NFIB, the nation’s leading small business advocacy organization, issued the following statement on behalf of President and CEO Juanita D. Duggan on this week’s House Committee on Ways and Means hearing examining the Tax Cuts and Jobs Act.
“Thanks to the Tax Cuts and Jobs Act, particularly the Small Business Deduction, small businesses are doing exactly what they said they would do if given tax relief – raising wages, hiring more workers, buying new equipment, and investing in their businesses. The proof is in the numbers as optimism and job creation among small businesses remain at historic levels. Small business owners need certainty that comes through permanence of this law’s provisions however, in order to maintain this momentum and continue to power the national economy as a whole.”
“Thanks to the Tax Cuts and Jobs Act, particularly the Small Business Deduction, small businesses are doing exactly what they said they would do if given tax relief – raising wages, hiring more workers, buying new equipment, and investing in their businesses. The proof is in the numbers as optimism and job creation among small businesses remain at historic levels. Small business owners need certainty that comes through permanence of this law’s provisions however, in order to maintain this momentum and continue to power the national economy as a whole.”