Reinstate the state tax deduction on first $50,000 income
- After
the repeal of the 2011 law on no state taxes paid on first $50,000 of income
was repealed, NFIB is working hard to save small businesses up to $1500 per
year not earning over $250,000
Stall Minimum Wage Increase and Paid Sick Leave Proposals
- Increased minimum wages and paid sick leave
cause small business owners to cut jobs and reduce employee work hours
- NFIB continues to oppose any efforts to make
changes to the minimum wage or paid sick leave
Unemployment Insurance Reform
- Small Business will pay off the UI debt of $2.8
billion by the end of the summer 2015 saving hundreds of millions in taxpayer
money. This will help reduce the UI rate
for small business by 2016
- NFIB/North Carolina is working with large
business coalitions to find a solution to this huge burden on small businesses
- Working to require beneficiaries of unemployment
to have 5 job searches per week instead of 2, decreasing the number of
unemployed
Tax Reform
- NFIB/North Carolina continues to work closely
with drafting legislation to protect the small business sector from being harmed
by major reform mainly by placing a sales tax on additional services in the
state, making small business owners tax collectors for the state Department of
Revenue
Stop Tax on Services Efforts
- Continue to fight any proposals to place a sales
tax on additional services.