FOR IMMEDIATE RELEASE
National Federation of Independent Business/California
NFIB Announces Positions on Propositions 54 and 55
Voice of Small Business supports transparency measure; opposes tax extensions
SACRAMENTO, Calif., July 6, 2016 – Following the announcement of ballot proposition numbers for the November statewide ballot, the National Federation of Independent Business/California moved to formally support Proposition 54, the California Legislature Transparency Act, and oppose Proposition 55, which extends Prop. 30 (2012) income taxes for 12 additional years.
“Transparency matters. Small businesses know that one bad bill passed in the dark of the night by the California Legislature could very well be the death knell which forces them to close their doors permanently. What we witnessed with Senate Bill 3 (Leno) earlier this year which rammed the $15 minimum wage to the Governor’s desk with zero public input from small business or non-profits only underscored the dire need for transparency. The California Legislature Transparency Act seeks to upgrade the term ‘transparency’ from a popular buzzword to meaningful reform. Proposition 54 will bring much-needed sunlight and accountability to our State Capitol.” commented NFIB/CA State Executive Director Tom Scott.
“Proposition 55 seeks to break the promise that the taxes approved by the voters in 2012 would be temporary. Governor Jerry Brown and other proponents of Prop. 30 promised that those tax increases would be temporary and were only necessary to provide critical funding for education and public safety. Now special interests don’t want the cash flow to stop, so they’re asking for an additional 12 years for these tax increases. Economic experts and small businesses agree: an economic downturn is on the horizon. With labor costs rising and small business optimism falling, the last thing we should do is raise taxes on the backs of our small business job creators in this state,” added Scott.
Each year, NFIB California ballots its statewide small business membership on critical economic and business issues facing this state. Official NFIB/CA positions and legislative priorities are derived from these ballot results. Each of NFIB California’s 22,000 small business members receives one ballot and casts one vote, regardless of their membership dues or number of employees.
For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB has 350,000 dues-paying members nationally, with over 22,000 in California. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. To learn more visit www.NFIB.com/california