Fourth video features North Carolina family-owned business worried about curtailing the small business deduction
WASHINGTON, D.C. (Aug. 11, 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 a 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 Gordon Hunt, a small business owner from North Carolina who operates Illuminating Technologies, a family-owned business that specializes in commercial lighting. Hunt explains how making the small business deduction allows him to invest in his company and his employees: “Every time there is a tax increase, money comes out of our pocket. It means we can’t sit down with our employees every six months like we like to do and take a look at what we can do to increase their compensation.”
Curtailing the Small Business Deduction would directly hurt small businesses’ ability to hire, invest in their business, increase employees’ compensation, and threatens the fragile economic recovery.
Watch the new Small Business Survival: In Their Own Words video featuring Gordon Hunt 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