Las Vegas auto shop owner explains how the Small Business Deduction allows owners to reinvest in their business
WASHINGTON, D.C. (Sept. 30, 2021) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, today released the latest video in a series featuring small business owners explaining how Washington’s proposed tax increases would hurt their ability to operate, survive, and thrive.
The video series “In Their Own Words” features small business owners from around the country and is part of NFIB’s Small Business Survival campaign, a coordinated advocacy effort that highlights why tax increases would be harmful to America’s small businesses.
The latest video in the series features Melissa Cline, owner of Konvulse LLC, a small performance custom auto and repair shop in Las Vegas. Cline explains that the Small Business Deduction allows small business owners to reinvest in their business: “The Small Business Deduction affords small businesses to take that income and reinvest it into their business. A lot of times that can be for inventory…again, for the education of employees, perhaps recruitment, expanding your industry. Maybe adding a service that you couldn’t provide before by purchasing that piece of equipment,” Cline said.
Curtailing the Small Business Deduction would directly hurt small businesses’ ability to hire, invest in their business, increase employees’ compensation, and threatens the fragile small business economic recovery.
Watch the new Small Business Survival: In Their Own Words video featuring Melissa Cline here:
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.
More information about the campaign can be found here: NFIB.com/SmallBizSurvival and here: https://www.foxbusiness.com/politics/national-federation-independent-business-survival-campaign.