President’s signature marks the end of a decades-long fight for small business tax reform and paves the way for robust growth
Washington, D.C. (December 22, 2017) – The National Federation of Independent Business (NFIB) issued the following statement today on behalf of President and CEO Juanita Duggan on the Tax Cuts and Jobs Act becoming law:
“NFIB fought for decades for a real tax cut for small business owners. The Tax Cuts and Jobs Act dramatically improves the way small businesses are treated, delivering hundreds of billions of dollars in tax cuts.
“Small business optimism has been near record highs all year long in anticipation of this moment. Starting in 2018, millions of small businesses will have substantially more money to convert their optimism into investments. They can buy new equipment, increase inventory, pay workers more, create new jobs, and engage in the economic activities that drive the U.S. economy.
“The Tax Cuts and Jobs Act is a once-in-a-generation achievement. This is a historic day for small business and the country. We are grateful to President Trump for his leadership on this issue, which started even before he took office. Today he fulfilled his promise to cut taxes for American small businesses.”
For more information about NFIB, please visit www.nfib.com.