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Small Biz Reax To POTUS Jobs Plan
September 08, 2011
Small Tweaks to Existing Law Creates Jobs and Boosts Economy Washington, D.C., September 8, 2011 – As President Barack Obama presents the American Jobs Act before a joint session of Congress, Kristie L. Arslan, President & CEO of the National Association for the Self-Employed, the leading advocate for our nation’s smallest businesses - the self-employed and micro-businesses - offered the following statement on critical actions both the President and Congress can take to get our economy moving:
“We can all agree that we must take bold action to address persistently high unemployment and get Americans back to work. Small business is the engine of our economy and now is not the time to pay lip service to the small business community - now is the time to turn those words into action.
“America’s smallest businesses - the self-employed and micro-business - are looking for our policymakers to make small tweaks to existing law that will go a long way.
“The key is for any action taken to have a measurable and positive impact on the economy. Economists estimate that each dollar added to employees’ paychecks thanks to payroll tax relief generates 90 cents in spending. A pretty good economic stimulus, but extending that same dollar to employers as well will generate an additional $1.20 in economic activity. Broad payroll tax relief will allow the self-employed, who pay both the employee and employer portions of the payroll tax, to significantly stimulate the economy. Stabilization and growth is essential to creating the conditions for adding jobs and getting America back to work.”
In advance of President Obama’s jobs speech before Congress, Arslan authored an op-ed in Roll Call, Open Letter to the President and Congress, that called on the President and Congress to make the tough decisions required to fix our economy.
About the NASE
The National Association for the Self-Employed (NASE) is the nation's leading resource for the self-employed and micro-businesses, bringing a broad range of benefits to help entrepreneurs succeed and to drive the continued growth of this vital segment of the American economy. The NASE is a 501(c) (6) nonprofit organization and provides big-business advantages to hundreds of thousands of micro-businesses across the United States. For more information, visit the association's website at NASE.org. |
Press Releases
- NASE 2012 Member Council
The National Association for the Self-Employed (NASE) is pleased to announce the 2012 Member Council, which met in Washington, D.C. May 2nd -4th. The council’s purpose is to serve as a sounding board for NASE leadership regarding programs, services and benefits that could help make NASE Membership an even greater value to micro-business owners and the self-employed.
- Supreme Court Considers Health Care Reform
In an unprecedented 5 ½ hours of oral questioning, the Supreme Court recently heard the challenge to President Obama’s biggest legislative accomplishment in his presidency, the Patient Protection and Affordable Care Act.
- House Follows Senate And Introduces Small Business Tax Extenders Bill
The NASE’s efforts to introduce companion language in the House of Representatives mirroring the Senate introduced Small Business Tax Extenders Bill was met today by Representatives Gerlach (R-Pa.) and Neal (D-Mass.) who introduced the bipartisan House measure.
- NASE To Congress: Extend Expiring And Expired Small Biz Tax Cuts
Today, the House Ways and Means Committee is holding a hearing on the exploration of expiring tax cut for small business owners. The NASE took this opportunity to submit a statement for the record regarding the importance of the continuity of these tax benefits.
- Why It's So Hard To Write Off Your Home Office (Bloomberg Businessweek)
For the past decade, advocates for the home-based workforce have sought to give taxpayers the option to check a box for a standard $1,500 home office write-off. That would save them the tricky business of calculating what percentage of the home is dedicated to business—and therefore what share of rent, insurance, utilities, and maintenance costs can be deducted.
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