LINCOLN, Neb., Jan. 15, 2014—Bob Hallstrom, Nebraska state director for the National Federation of Independent Business, offered the following comment on Gov. Dave Heineman’s State-of-the-State address this morning.
“We were delighted to hear the governor has not given up his quest to reform Nebraska’s tax structure. Almost all small businesses and entrepreneurs pay their taxes through the individual income tax code. Lowering individual income tax rates will allow them to keep more of their money and create more jobs. Together with his call for property tax relief for our farmers, he is trying to lay the foundation for a state economy that can build prosperity.”
America’s largest small-business association, the National Federation of Independent Business has almost 5,000 members in Nebraska. “Small businesses significantly impact Nebraska’s economy,” reports the Office of Advocacy
at the U.S. Small Business Administration. “They represent 96.6 percent of all employers and employ 50.9 percent of the private-sector labor force. Small businesses are crucial to the fiscal condition of the state and numbered 164,465 in 2010 … Most of Nebraska’s small businesses … have fewer than 20 employees.”
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 annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. NFIB’s educational mission is to remind policymakers that small businesses are not smaller versions of bigger businesses; they have very different challenges and priorities.
National Federation of Independent Business/Nebraska
233 South 13th St., Suite 700
Lincoln, NE 68501-0008