Small Business Priorities: Corporate Tax Reform Must Include Small Business

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Feb 26, 2015, 11:18 ET

WASHINGTON, Feb. 26, 2015 /PRNewswire-USNewswire/ -- The National Small Business Association (NSBA) has unveiled its Top 10 Priorities for the 114th Congress, a result of last week's Small Business Congress in Phoenix and subsequent voting by members. The number one priority for small firms is ensuring corporate-only tax reform includes some kind of workable solution for the millions of pass-through small businesses.

"The overwhelming majority of small firms are pass-through entities, meaning they are taxed at the individual income level and could see an effective higher tax rate under corporate-only tax reform," stated Todd McCracken NSBA president and CEO. "This issue is clearly a huge issue for small firms, and will serve as a litmus test on whether politicians truly do support small business."

NSBA's Top 10 Priorities for the 114th Congress are:

Corporate Tax Reform and Small Business
Improve Access to Credit and Capital
Deficit Reduction & Entitlement Reform
Rein-in the Costs of Health Care
Capital Gains and Dividends
Tax Extender Permanency
Export-Import Bank Reauthorization
National Regulatory Budget
Immigration Reform
Strengthen SBA Office of Advocacy

"NSBA is a uniquely member-driven organization, and our votes dictate what we as an organization focus on for the coming two years," stated NSBA Chair said NSBA Chair Timothy Reynolds, president of Tribute, Inc. in Hudson, Ohio. "These priorities extend beyond just our membership: they are on-par with what we continually hear from our broad national surveys."

Please click here for more detailed information on these priorities, and click here for a detailed wrap-up of the 2015 Small Business Congress.

Celebrating more than 75 years in operation, NSBA is a staunchly nonpartisan organization advocating on behalf of America's entrepreneurs. NSBA's 65,000 members represent every state and every industry in the U.S. Please visit www.nsba.biz or follow us at @NSBAAdvocate.

SOURCE National Small Business Association