More than one year after the passage of the Tax Cuts and Jobs Act, small business owners and NFIB members are seeing the benefits of tax reform.
Expanding facilities. Hiring additional employees. Raising overall compensation. These are just a few opportunities small business owners are jumping at thanks to the passage of the Tax Cuts and Jobs Act in 2017.
“NFIB fought for decades for a real tax cut for small business owners,” says Juanita Duggan, NFIB’s President and CEO. “The Tax Cuts and Jobs Act dramatically improves the way small businesses are treated, delivering hundreds of billions of dollars in tax cuts.”
2018 was the first full year that smal business owners saw the benefit of reform, and the tax cuts provided them with much-needed relief.
Watch this video to learn more about how the tax cuts help small businesses thrive.