NFIB Fully Backs Small Business Expensing
Tax Provision Would Benefit Small Business and Community
WASHINGTON, D.C., June 12, 2014 — Today the National Federation of Independent Business (NFIB) issued the following statement in response to the passage of H.R. 4457, the America’s Small Business Tax Relief Act, which would provide permanent expensing levels that meet small business owners’ needs, reduce uncertainty for planning and streamline recordkeeping.
“Small business expensing is a bipartisan policy that has been extended on an ad-hoc basis,” said NFIB Manager of Legislative Affairs Matt Turkstra. “Making this popular and effective tax provision permanent will help small businesses streamline recordkeeping, invest in their business and purchase equipment or other business improvements from their local community. Members of Congress often say they want to help small business – well this is a way to help right now. We thank those members that followed through when it counts and actually voted for small business.”
NFIB is the nation’s leading small business advocacy association, with offices in Washington, D.C. and all 50 state capitals. Founded in 1943 to give small-business owners a voice in public policy-making, NFIB’s policy positions are set by its 350,000 business-owner members, who send their views directly to state and federal lawmakers through NFIB’s unique member-only ballot. NFIB’s mission is to promote and protect the right of our members to own, operate and grow their businesses. More information is available online at www.NFIB.com/news.