New Video Features Idaho Small Business Owner Worried About Potential Elimination of Small Business Deduction
WASHINGTON, D.C. (July 21, 2021) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, today released a new 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 the 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 Stephanie Camarillo, a small business owner from Idaho who owns and operates a professional cleaning service, describing how the Small Business Deduction impacted two of her employees specifically, and said, “$7,000 of tax savings for us was able to be reinvested in two people, and it will make a change in their lives and their families’ lives for the future.”
Curtailing the Small Business Deduction would directly hurt small businesses’ ability to hire, invest in their businesses, and increase employees’ compensation, and threatens the fragile economic recovery.
Watch the new Small Business Survival: In Their Own Words video featuring Stephanie Camarillo 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 about the campaign can be found here: NFIB.com/SmallBizSurvival and here: https://www.foxbusiness.com/politics/national-federation-independent-business-survival-campaign
