SMALL BUSINESS ENTHUSIASTICALLY BACKS DAUDT IN PRIMARY RACE
St. Paul (July 27, 2016) –Minnesota SAFE Trust announced their endorsements today in several key races. The political action committee formed by Minnesota’s most influential small business group, the National Federation of Independent Business (NFIB), enthusiastically endorsed House Speaker Kurt Daudt in his primary race.
“Since the day he took office, Speaker Daudt has been a sincere and thoughtful advocate for the small business community. Throughout the last two years, he has fought to enact legislation that was not only beneficial for small business owners, but an overall improvement to our state’s business climate,” said NFIB Minnesota State Director Mike Hickey. “Speaker Daudt understands that small business is the lifeblood of Minnesota’s economy and we appreciate all of his efforts to help small business men and women fighting to survive.”
Additionally, Hickey noted that Speaker Daudt has a 100% voting record for small business issues in Minnesota and will also be receiving NFIB’s coveted Guardian of Small Business award.
According to Hickey, Speaker Daudt and his caucus proposed numerous bills that were beneficial to the small business community. Some of the highlights include:
– Voted to conform the Minnesota’s estate tax exemption to the federal level.
– Voted to significantly reduce business property taxes by eliminating the state general portion of the business property tax. This would give companies a 20-30% reduction on a large fixed cost and make us instantly competitive on this issue.
– Supported legislation for employers that provided a one-time, $258 million dollar unemployment insurance tax credit that will reduce taxes for most businesses by 27-29%
– Led the effort to hold the line on state spending which gave Minnesota the third smallest state budget increase in the last 50 years.
“These are just a few examples of what makes Speaker Daudt a tireless advocate of the small business community. We urge business owners as well as those in the community that value their contributions in district 31A to show Speaker Daudt their appreciation by placing a vote for him in the August 9th primary. The small business community needs him in St. Paul,” concluded Hickey.
Please note that Speaker Daudt’s endorsement comes from NFIB’s Save America’s Free Enterprise Trust (SAFE), the association’s political action committee, and is based on positions regarding key small-business issues including health care, taxes, and labor and regulatory issues.