National Federation of Independent Business
Recent News About National Federation of Independent Business
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WASHINGTON, D.C. (April 18, 2024) – The National Federation of Independent Business (NFIB) has voiced its strong support for legislation aimed at preventing an electric vehicle (EV) mandate that could impact small businesses. NFIB's Senior Vice President for Advocacy, Adam Temple, emphasized the importance of allowing businesses and consumers to make their own choices, stating, "Small business owners believe that businesses and consumers should be free to make their own decisions on which vehicle works best for their needs and operations."Temple further explained the...
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NFIB President Brad Close, in an editorial published in The Wall Street Journal, emphasized the significance of the 20% Small Business Deduction for Main Street businesses across the nation. Close urged Congress to pass the Main Street Tax Certainty Act in order to provide stability and support for small businesses.Close highlighted the impact of the Small Business Deduction, stating, "The deduction, which about nine in 10 small businesses use, allows for a 20% deduction of qualified business income. It’s the biggest tax cut for small businesses in history, helping level...
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WASHINGTON, D.C. (April 15, 2024) – The National Federation of Independent Business (NFIB), representing small business owners, has called on Congress to prioritize the Small Business Deduction on Tax Day 2024. In a statement issued by NFIB President Brad Close, small business owners emphasized the importance of making the 20% Small Business Deduction permanent.President Close stated, "On this Tax Day, small business owners want to see Congress take action and make the 20% Small Business Deduction permanent. Unlike their larger competitors, small business owners are at...
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NFIB applauds today’s decision in Sheetz v. County of El Dorado, California at the United States Supreme Court. The Court held that the Takings Clause does not distinguish between legislative and administrative permit conditions. Beth Milito, Executive Director of NFIB’s Small Business Legal Center, expressed relief on behalf of the small business community, stating, “This decision upholds their Fifth Amendment rights and ensures that future business owners will not be coerced to trade their constitutional rights over confusing government semantics.” She added, “Small...
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On March 26, Governor Phil Murphy signed a bill that will raise New Jersey's gas tax by 10 cents starting in July.