New Tax Study Underscores Need for Comprehensive Reform

Date: August 07, 2013

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www.NFIB.com 
For Immediate Release
Contact:  Eric Reller 202-314-2073 or
Eric.Reller@NFIB.org 

 

Small Businesses Pay Highest Effective Tax Rates 
 
 
WASHINGTON, D.C., August 7, 2013 — National Federation of Independent Business (NFIB) President and CEO Dan Danner made the following statement today regarding the tax study released by Quantria on behalf of NFIB and the S Corporation Association:  
 
“The U.S. tax code is unfair and complex,” said Danner. “Today’s study provides valuable data that confirms small businesses currently pay a higher effective tax rate than many large corporations. This study delivers a strong counter argument to the President’s announcement last week that corporate-only tax reform is the best path.
 
“Over 75 percent of all small businesses in the United States are taxed at the individual rate – signifying the need for comprehensive reform that addresses both individual and corporate taxes. NFIB will continue to advocate for a level playing field so that small-business owners can create jobs and grow their business.” 

For a copy of the tax study, click here.

 
 
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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/newsroom
 

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