Allen McBride, owner of Camp Mac in Munford in Talladega County, is the first small business owner featured in NFIB’s new video series featuring small business owners explaining how Washington’s proposed tax increases would hurt their ability to operate.
The series, called “In Their Own Words,” will feature small business owners from around the country. It’s part of the NFIB’s Small Business Survival campaign, a coordinated advocacy effort that highlights why tax increases would be harmful to America’s small businesses.
In the video released today, McBride discusses his concerns about the proposed tax increase for his small business, which files as a c-corporation. For the smallest c-corporations like his – those with taxable income less than $50,000 – the Biden Administration’s proposal would deliver a staggering 87% tax increase relative to their 2017 tax rate.
In the video, McBride, a member of the NFIB Alabama Leadership Council, says, “If big government wants to put big taxes on big business, that’s out of our league, but for a small business like us, another tax increase … on top of a pandemic makes it almost impossible to compete.” Watch the video here:
NFIB State Director Rosemary Elebash said, “Allen has worked tirelessly to create a level playing field for small business owners throughout the state, and I thank him for taking time to make this video and speaking out on this important issue.”
The Small Business Survival campaign is a coordinated advocacy effort that includes targeted traditional and digital advertising, media initiatives, research, grassroots, lobbying, and other efforts that will highlight why tax increases would be harmful to small businesses while holding members of Congress accountable for their support of the tax hikes and mandates.
