Gardner Discusses Tax Cuts and Jobs Act with NFIB

Date: March 08, 2018

Senator visits Left Hand Brewing Company for chat with member small-business owners

As elected officials across the nation love doing, U.S. Sen. Cory Gardner met with NFIB-member, small-business owners to talk about the pressing issues of the day and to hear their concerns as they relate to the operating of their enterprises.

“NFIB is recognized as the voice of small business and has as high a reputation among state and federal elected officials as any association in the nation,” said NFIB Colorado State Director Tony Gagliardi. “That’s why they make it a point to converse with our members, first, on issues regarding small business, because they know NFIB-member, small-business owners are more aware of what is going on and more involved in politics and in their communities. Senator Gardner accepted our Small Business Challenge, which we offer throughout the nation, to come talk with some of our members and hear their thoughts, and NFIB thanks him for making the time.”

Senator Gardner visited Left Hand Brewing Company in Longmont, March 2, and enjoyed the exchange of ideas and opinions. Left Hand Brewing co-founder Eric Wallace was last year’s keynote speaker at NFIB’s Small Business Day at the Capitol, where he discussed the importance of being a member of NFIB.

In a March 5 news release sent by the senator’s office, Gardner said, “I had a great meeting with many of Colorado’s small business owners and appreciated the opportunity to hear how tax relief is helping them and their employees.

“I spoke with one business owner who will save $250,000 because of tax relief and use that money to invest in their business and hire more employees. The Tax Cuts and Jobs Act was designed to give hardworking families a raise and make small business owners more competitive and I was thrilled to hear how it is benefiting Coloradans.”

According to the news release, the Tax Cuts and Jobs Act’s effects on small businesses and job creation are:

  • “It reduces the corporate tax rate from 35% (which is the highest in the industrialized world) to 21%, which puts American businesses on a level playing field with competitors in other countries
  • “It also gives tax relief to Main Street’s job creators by creating the first ever 20% deduction for pass through businesses
  • “It will lead to new jobs and investments by allowing these businesses to keep more of their profits to invest back into their businesses
  • “It dramatically cuts excise taxes on craft breweries, wineries, and distilleries, freeing up more than $142 million for those businesses to reinvest to expand operations and hire more workers.”

Learn about future meetings with Colorado’s top elected state and federal officials by checking this webpage, www.nfib.com/colorad, often and follow NFIB Colorado on Twitter at @NFIB_CO

 

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