Our 22,000 small business members know that a Supermajority one-party rule would not be good for public policy in this state, and it is our sincere hope that we do not see either the Assembly or Senate slip into a 2/3 majority rule.
FOR IMMEDIATE RELEASE
National Federation of Independent Business/California
Contact: Shawn Lewis (916) 342-9315;[email protected]
Follow: @NFIB_CA and on Facebook
REACTION: NFIB Comments on Preliminary Election Results
SACRAMENTO, Calif., November 8, 2016 – Following the initial election results reported by the California Secretary of State as of 9:30 PM, NFIB California State Executive Director Tom Scott issued the following statement on behalf of our 22,000 small business members:
“We are encouraged by the early results for Proposition 54, which will bring much needed transparency to the California Legislature. Our members know that sweeping public policy deals cut behind closed doors between powerful special interests can have devastating consequences on their small business. For example, Senate Bill 3, the $15 state minimum wage, was introduced over Easter Weekend, passed and signed by the Governor all in less than a week with zero public input. NFIB is proud to see the voters of California agree we need to bring an end to this kind of politics in Sacramento.”
“With regard to Proposition 55, it may be too soon to say, but we are certainly troubled by the early lead it has so far. If Prop. 55 ultimately passes, we foresee not only painful consequences for our small businesses, but also a continuation of unsustainable fiscal policies which relies far too-heavily on income taxes to fund the state budget. We got into this recession by relying too heavily on income to fund state programs—Prop. 55 puts us right back on the path of fiscal uncertainty as soon as the next economic downturn occurs. We also believe many voted for Prop. 55 with the belief that it only applied to ‘super wealthy’ taxpayers—but this is just not the case. Since over 85% of small businesses in California file as sole proprietors, Prop. 55 will be a direct tax on small businesses, which will lead to lower wages, lost jobs, and higher costs for consumers.”
“Looking more broadly at legislative seats for which we endorsed, we recognize it will take several days or weeks in some cases to see the final results in these tight races, especially in the State Assembly. Our 22,000 small business members know that a Supermajority one-party rule would not be good for public policy in this state, and it is our sincere hope that we do not see either the Assembly or Senate slip into a 2/3 majority rule. NFIB knows we have important public policy discussions ahead in the 2017-18 legislative session on issues ranging from tax reform, labor mandates, and environmental regulations. These discussions deserve thorough, thoughtful dialogue from both sides of the aisle.”
The NFIB/CA SAFE Trust PAC officially endorsed Yes on Proposition 54; No on Proposition 55; and these candidates for State Assembly and State Senate.
For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB has 350,000 dues-paying members nationally, with over 22,000 in California. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. To learn more visit www.NFIB.com/california