NFIB Member Business Prepares for Tax Reform Benefits

Date: January 18, 2018

Related Content: Analysis Economy National Ohio Taxes

As Sen. Rob Portman of Ohio visited Bruns General Contracting during his Results for the Middle-Class Tax Reform Tour, the NFIB member company announced its optimistic future.

Sen. Rob Portman of Ohio took to the road to tour NFIB member business Bruns General Contracting’s office space and new 18,000-square-foot warehouse as a part of his Results for the Middle-Class Tax Reform Tour on Monday, Jan. 15.

The 65-person tour included Bruns General Contracting President Steve Bruns.

“Sen. Portman was well received by everyone. He is a straight shooter and a very honest man. We are proud to have him representing us in Congress,” Bruns said.

Bruns spoke with the senator about the recently passed Tax Cuts and Jobs Act and its benefit to small business–more specifically employee-owned Bruns General Contracting.

RELATED: NFIB and the Road to Tax Relief

“The tax reform was way overdue. I am thankful that we have leaders like Sen. Portman to insure the passage of the bill,” Bruns said. “All of our people will keep more of their paycheck, but the largest gains for everyone will be in the increased business we will experience. With the increased projects we will need more equipment. (For) example a bulldozer, lifts, track machines, office equipment, additional spending on marketing and advertising, two new work trucks, and an additional dual axle dump truck.”

According to Bruns, the company is already looking for some of this equipment to fulfill new and existing clients’ needs. He also says that all of the company’s associates will benefit from increased stock value, which in-turn will increase their retirement fund.

“I believe small business is the engine of our economy and the compass that keeps our country on true north,” he said. “I believe the long term effects of this new law will help grow our economy.”

 

RELATED: 8 WAYS TO PREPARE YOUR SMALL BUSINESS FOR 2018

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Related Content: Analysis | Economy | National | Ohio | Taxes

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