There are crucial small business issues on ballots nationwide this November. The Small Business Rundown covers how annual inventory taxes affect the growth of small businesses and encourages Texas listeners to vote yes on Prop 9.

Episode 72: Small Business Tax Issues on Nov. 4 Texas Ballot

Texas voters can make a difference and save small businesses over $500 million annually by voting yes on Prop 9. The tax relief provided by the inventory tax exemptions outlined in Prop 9 gives small businesses the freedom to develop and invest in the future. NFIB member and Texas small business owner Tim Green explains how current inventory tax policies handcuff small businesses. NFIB’s Region State Director Dawn McVea, and Texas State Director Jeff Burdett, discuss the importance of the passage of this critical ballot proposition.

Under the current law, Texas small businesses that keep more than $2,500 of inventory through the end of the year would owe taxes on that inventory—even if they have already paid taxes on it before. Voting yes on Prop 9 is a vote to support small businesses.

Learn more: Find resources and voting information at NFIB’s Voting Hub. Listen to the full episode for more information and catch up on other important small business topics with the Small Business Rundown podcast. New episodes are available every two weeks on Thursdays.