If you watched the State of the Union address Tuesday night, you heard President Trump talk about the tax relief that’s already being realized by American business owners. The president and legislators are hearing directly from Main Street that tax reform is making a difference—and many of those stories are coming from NFIB members.
In late January, the president visited NFIB member H&K Equipment, a Pittsburgh-based company that employs more than 200 people in eight facilities across two states. Its owners plan to invest 50 percent more back into the business this year, including purchasing more equipment, thanks to the tax break and the immediate expensing provision in the new law. One of their employees also spoke at the event, saying he’ll save thousands of dollars in income taxes this year.
This scene is playing out in NFIB businesses across the country, giving you and fellow business owners direct access to lawmakers to provide them feedback on tax relief. These lawmakers want to hear from you, and they look to NFIB to make that connection. I’m excited you have such promising stories to tell.
In Texas and Ohio, NFIB members hosted Senators John Cornyn and Rob Portman, respectively, right in their businesses. In Nevada, every NFIB member in the state was invited to participate in a TeleForum phone call with Senator Dean Heller. On that call, Senator Heller took an informal poll, asking NFIB members how many of them planned to invest more in their companies this year as a direct result of tax reform. Nine out of ten said yes. He was so inspired by that feedback that he mentioned it specifically in his formal response to President Trump’s State of the Union address.
This connection to lawmakers, ensuring they hear the voice of small business, is a key part of being an NFIB member. It’s why many of you joined.
Keep this connection strong by staying engaged with NFIB. Many of NFIB’s state offices are holding Small Business Day events at the state capitol in the coming weeks and months. This is a simple yet powerful way to get in front of lawmakers and network with other small business owners. Learn more on your NFIB state page.
In the meantime, we know you have lots of questions about what tax relief means for your business. We’re putting together information as quickly as possible, and you can find updates on our tax page. We’re also going to present a free, member-only webinar on tax reform. Look for a registration invite in your inbox soon.
If you already have a tax relief story to tell, we’re listening.
Thank you for your NFIB membership and for being the voice of small business.