Wednesday, 19 December 2012 23:01

Small Business Owners Talk Taxes With President Obama

President Obama met with small business owners representing the American Sustainable Business Council (ASBC), who advocated for ending the Bush tax cuts for the top two percent of earners.

The fifteen business owners are members of ASBC partner organizations, including Green America’s Green Business Network, Business for Shared Prosperity (BSP), Social Venture Network, and B Lab. Business owners who shared their views with the President included members Lew Prince, Co-Founder of Vintage Vinyl; Nikhil Arora, Co-Founder of Back to the Roots; and David Bolotsky, CEO of Uncommon Goods.

They represented more than 600 business owners and executives who signed a letter sent by the ASBC and BSP calling on Congress to end costly Bush tax cuts for earners over $250,000,and reinvest the money in vital programs to support small businesses and grow the middle class.

The ASBC stated that the meeting “represents not only a huge step for small businesses, but also a huge step forward in the long road ahead of tax reform.”

The Bush-era cuts are set to expire this month, and Republicans are advocating for making them permanent. Democrats want the cuts to expire for the top earners, which would raise $849 billion over the next ten years, according to the Department of the Treasury.

Add your name to the growing list of businesses supporting the campaign to end the Bush tax cuts. Share this sign-on letter with your network.



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