Small Business Majority Urges Passage of Inflation Reduction Act
Small Business Majority Urges Passage of Inflation Reduction Act
- Institutional AuthorsSmall Business Majority
- Subject Area/Tax Topics
- Industry GroupsHealth careInsurance
- Jurisdictions
- Tax Analysts Document Number2022-25844
- Tax Analysts Electronic Citation2022 TNTF 151-25
August 5, 2022
The Honorable Charles Schumer
Majority Leader
United States Senate
S-221, The Capitol
Washington, D.C. 20510
The Honorable Mitch McConnell
Minority Leader
United States Senate
S-230, The Capitol
Washington, D.C. 20510
The Honorable Nancy Pelosi
Speaker
United States House of Representatives
H-232, The Capitol
Washington, D.C. 20515
The Honorable Kevin McCarthy
Minority Leader
United States House of Representatives
H-204, The Capitol
Washington, D.C. 20515
RE: Small businesses urge Congress to pass the Inflation Reduction Act of 2022
Dear Policymaker,
Small businesses are the backbone of our nation's communities and economy, but we need support to help level the playing field and create a healthy environment for entrepreneurship. That's why we strongly support the provisions outlined in the Inflation Reduction Act of 2022.
The Inflation Reduction Act of 2022 strengthens small businesses by closing tax loopholes and ensuring that large corporations are held accountable and pay their fair share. This is critically important because our nation's tax system has unfairly benefited the largest corporations at the expense of small business owners, their employees, and independent entrepreneurs.
Establishing a 15% corporate minimum tax on corporations with profits in excess of $1 billion is a commonsense measure, particularly when there are more than 200 large corporations that use tax loopholes to avoid paying a tax rate of 21%.
In addition, funding allocated to enforce the tax code and hold large corporations accountable is essential to our small business ecosystem. Large corporations are taking advantage of our system, and small businesses deserve to operate on a level playing field.
The proposed bill also includes support for access to affordable, quality healthcare, which we know significantly impacts small businesses and their employees because they have historically comprised a disproportionate share of the working uninsured population.
Extending the Affordable Care Act's premium subsidies through 2025 will enhance access to coverage, mainly among those still impacted by the effects of the pandemic. It will also ensure that premium costs remain low and that sole proprietors, who make up a large share of the enrollees in the marketplace, can access affordable coverage for them and their families.
Finally, the legislation empowers Medicare to begin negotiating drug prices so that patients can get the best cost on high-priced drugs.
In addition to the policies outlined above, we support the bill's energy, security, and climate change investments.
We call on Congress to pass the Inflation Reduction Act of 2022 to better support our nation's small businesses.
Organizations:
Access to Capital for Entrepreneurs, Inc.
Accion Opportunity Fund
African Chamber of Commerce of Colorado, USA
Atlanta Wealth Building Initiative
California Asian Pacific Chamber of Commerce — CalAsian
California Association for Micro Enterprise Opportunity — CAMEO
California Capital Financial Development Corporation
Cambridge Local First
Central Valley Hispanic Chamber of Commerce
Central Valley Immigrant Integration Collaborative
Colorado Black Chamber of Commerce (CBCC)
Common Future
Dreamspring
Good Business Colorado
Latino Chamber of Commerce of Boulder County
Lowcountry Local First
Microenterprise Collaborative of Inland Southern California
National Asian American Coalition
National Association of Working Women (Georgia 9to5)
Northwest Side Community Development Corporation
Plexus LGBT & Allied Chamber of Commerce
Small businesses:
Japlan Allen, Founder, Sista I Got You, Chicago, IL
Clemmie McDaniels, CEO, Clemmie McDaniels, Chicago, Illinois
Yvonne Segal, Accounting, Promofile, Fayetteville, Arkansas
Brandon Korman, Owner, Tropical Smoothie Café, Wilmington, North Carolina
Doug McCarthy, Business Owner, Issues Research Inc, Durango, Colorado
Jenny Davies, President, Progressive Promotions, LLC, Denver, Colorado
Lydia Hughes-Evans, Founder & CEO, Pure Momentum Consulting, LLC, El Cerrito, California
Susan Williams, Exec. Dir., Mindful Works, Boulder, Colorado
Debbie Hill, Business Owner, LHC Group, Gainesville, Florida
Lori Kammerer, Legislative and Governmental Affairs, Kammerer & Company, Inc., Sacramento, California
Angelo Sacerdote, Co-Owner, Petaluma Pie Company, Petaluma, California
Javier Haro, President, Food He.ro L3C, Chicago, Illinois
Abdollah Khamooshian, CEO, Reppedby, Inc, Burbank, California
René Klaassen, CEO/Founder, Gourmet on Wheels, Los Angeles, California
Shirley McCloy, Owner, Shirley McCloy, Cedar Rapids, Iowa
Yogi Desai, CEO, Nu-Diamond Jewelry Inc., New York, New York
Timothy Crowe, CO, Tucson Mountain Shuttle LLC, Tucson, Arizona
Magdalena Bianchi, CEO Founder, Magdalena Bianchi, San Bernardino, California
Gregory Pierce, Agent/Broker & Owner, American Seniors Insurance, Sherman, Texas
Micki Krimmel, Founder & CEO, Superfit Hero LLC, Crestline, California
Christina Lazzarini, Controller, Degree HVAC, Inc., Redwood City, California
Mark Goettsch, Managing Owner, Rider Performance, Palm Coast, Florida
Mary Bancud, Owner, Lotus Studio Pottery, Eureka, California
Sunita Giri, Finance Director, Binis Kitchen LLC, San Francisco, California
Debra Thomas, President, Thomas Hill Organics, Paso Robles, California
Colleen Kammer, Store Ower, Book Beat, Oak Park, Michigan
Sandra Stroehmann, owner, Elixir Mind Body Massage, Denver, Colorado
Jaime Sweany, Owner, Juniper Gallery, LLC, Spencer, Indiana
Lori Sweeney-Rodgers, Owner, Lori Rodgers Art/Tomato Target Cards, Clawson, Michigan
Allan Cunningham, CEO, Rowayton Press, Norwalk, Connecticut
Alette Reed, Massage Therapist, Alette Reed, Vancouver, Washington
Bilnesha Tillman, Stylist, Nature's Beauty Room, Hobart, Indiana
Angelica Catano, CEO, Star Building Services, Houston, Texas
Ash Var, CQO, ash var, Port Jefferson, New York
Denise Smart, President, Smart Consulting Group, West Chester, Pennsylvania
Edinelson Santos, CEO, Host Customer, Ashland, Massachusetts
Douglas Ochoa, Founder, Star Finest 7 Inc, New York, New York
Dr. Patricia Barber, Nd, Naturopath, Self-employed, Endicott, New York
Gayle Swenson, Chief HR Officer, Lead'Air, Inc., Kissimmee, Florida
Holly Mccoy Carroll, Owner, HollyPops Bakery, Tupelo, Mississippi
Ian McCain, Sustainable Homes Director, Eastside Community Network, Detroit, Michigan
Janna Rodriguez, president, The Innovative Daycare Corp, Freeport, New York
Jenness Clairmont, Owner, Forest Clinical Services, Ballston Spa, New York
John Dougherty, Vice President, DSE, Rowlett, Texas
Kathy Roman, President, RomAnalytics, Creamery, Pennsylvania
Virginia Shelton, Owner, Katie B's Quilt Shop, Mont Belvieu, Texas
Julieta Gonzalez, Microenterprise Developer, Julieta Gonzalez, San Diego, California
Kashka Bateman, Managing Member, Lion Investment Group LLC, Upper Marlboro, Maryland
Marianne Alexander, Member, LaPerfetto Cappuccino, White Lake, Michigan
Michelle Medeiros, Owner, Homestead Quilting and Fabrics, Lakeville, Massachusetts
Ruby Menon, Consultant, BrainSmart Design, Honolulu, Hawaii
Tameka Sims, Owner, 3 Dimensions Salon, Philadelphia, Pennsylvania
Roslyn Gibbs, Owner, Roslyn Gibbs, Las Vegas, Nevada
Stephanie Sage, CEO, Sage Restoration, Overland Park, Kansas
Lucia Rosan, Owner/Innkeeper/Manager, American Guesthouse, Washington, Virginia
Angela Tonyan, Owner, Self, Dallas, Wisconsin
Carla Millar, CEO, Millar Construction, Inc., Rantoul, Illinois
Joe Heyd, Owner/Operator and President, Western Automotive Repair, INC, Chicago, Illinois
Jessica Hart, Operations Manager, C. G. Jung Center, Evanston, Illinois
Tiffany Simmons, Owner, Little Nuggets Learning Center LLC, Milwaukee, Wisconsin
Soraya Sheppard, Executive Director, Color Me Africa Fine Arts, Chicago, Illinois
Amber Richman, Owner, Cambio Yoga, Colorado Springs, Colorado
Ather Imran, Owner, Precisionb 6 Cuts & Perms, Woodland, California
Arturo Aguilar, Co-Owner, Street Tacos and Grill, Boyle Heights, California
Antoinette King, Owner, YogaSix Mountain View, Mountain View, California
Adriene Bausley, Owner/Founder, In Sight Communications, Los Angeles, California
Adalberto Argenta, CEO, BEMA INC., Riverside, California
Charles Kuhnau, President, Happily Ever Etched, Buena Park, California
Catherine Mccabe, Producer/Line Producer/UPM, Zocalo Pictures, Phoenix, California
Ian Gordon, Owner/Strength Coach, Gordon Performance Solutions, Irvine, California
Helen Chang, President, BHC Smoothie, Inc, Los Angeles, California
Gary Evereklian, President, Polycontrols USA INC., Carlsbad, California
Lisa Montano, CFO, Pacific Restorative Therapy, Redlands, California
Lesley Wagner, Executive Director, Faith Campbell Learning Center, Concord, California
Maria Carlos, Secretary, Joel's Machine Shop, Inc., South El Monte, California
Monica Herrador, Owner, IEM Innovation Engineering Modular, Los Banos, California
Ronda Barteé, Owner, Self, Santa Monica, California
Shaffin Jinnah, President, Gourmet treats Baking Co., Inc, Torrance, California
Laurie Fusia, Owner, Red Jack Saloon, San Francisco, California
Sharron Fisher, Owner, Sharron Fisher Stylist, Sebastopol, California
Leslie Allison-Seei, President, Robust Promotions, LLC, Villa Park, Illinois
Wanda Davis, Owner, Davis Cleaning and Floor Service LLC, Colonial Heights, Virginia
Jejuan Stewart, CEO, EAGLE 7 LLC, Snellville, Georgia
Richard Talkingtonfletcher, President, Beannachd Corp, Orlando, Florida
Joan Sullivan, Owner, Culture Food and Entertainment Group, Inc., Homewood, Illinois
Lashonda Barton, Virtual Assistant/Owner, L 'n'L Business Solutions, Chicago, Illinois
Tequila Baxter, Owner, Panthers AutoSource, LLC, Abbeville, South Carolina
Steve Martinez III, Cleaning Service, Sole Proprietor, Eight Mile, Alabama
Margaret Schnipper, Founder & Creative Director, Trapper of Colorado, Denver, Colorado
Falguni Dewjee, owner, Bombay Wraps, Chicago, Illinois
Manivone Sayarath, Call center, Manivone C Sayarath, Los Angeles, California
Shawnie Pendergrass, Owner, Self, Bakersfield, California
Kalei Manuel, Administrator, Delicias Bakery, Colorado Springs, Colorado
Seonjin Yoon, Owner, Helen Beauty Supply, Moreno Valley, California
Mina Choi, Office manager, Bobzip Innovation, LLC, Aurora, Colorado
Frank Castellon, CPA, CASTELLON PROFESSIONAL SERVICES, Sunnyvale, California
Carmela Magpayo, CEO, Social Play and More, Milpitas, California
Hilary Noonan, Principal, Syntax Land Design, LLC, Kansas City, Missouri
Yvonne Guyton-Johnson, Real Estate Broker, Highland Realty, Richmond, California
Jake Soper, Owner, Evermore Prints, Boise, Idaho
Miguel J. Rodriguez, Owner, Miami Gastroenterology Consultants, Miami, Florida
Mike Tickal, owner, Oak Leaf Comics & Collectibles, Mason City, Iowa
Sarah O'Brien, Owner/Founder, Little Tart Bake Shop, Atlanta, Georgia
Vanessa Avalos, Owner, Luna y Cielo LLC, Berwyn, Illinois
Katrina Brink, Owner, The Empowered Kitchen, Denver, Colorado
Davonte Major, OWNER, Major D Transport LLC, Blakely, Georgia
Cecilia Hodges, CEO, Cecilia Hodges, Bowie, Maryland
Lynda Swan-McClendon, Owner, Jazzy Ladies Jewels Boutique, Normal, Illinois
Yasmeen Muqtasid, owner, Yasmeen Muqtasid, Chino Hills, California
Agaytha Corbin, Owner-Operator, Speaking Grace LLC, Englewood, Ohio
Felix Flores, Owner, Raspados Pitufin, Palmdale, California
Angelina Cantela, Owner, Angelina Cantela, Towson, Maryland
Hugo Guerrero, Owner, American enterprise, Sacramento, California
Joyce Perkins, Child Care Owner, Vallejo, California
Roxann Melville, Accountant, The Small Biz Chic, Napa, California
Mary Lewis, Broker, Homes by Ms Mary, Grayson, Georgia
Jen Essex, Owner, Ruby Jean Patisserie, Northglenn, Colorado
Patricia Roberts, President, Menlo Medical Mart, Inc., Richmond, California
Mike Roach, Co-owner, Paloma Clothing, Portland, Oregon
Dennis Ostdiek, President, DPO Construction Company, INC., Omaha, Nebraska
Zachary Davis, CEO, The Glass Jar, LLC, Santa Cruz, California
Michael Bryant, CEO, AIR802, Oswego, Illinois
Johnny Johnson, President, Johnson Marketing and Management Company, Chicago, Illinois
Bram Kleppner, CEO, Danforth Pewter, Middlebury, Vermont
Ross Carpenter, CFO, Aviatron, Inc., South Burlington, Vermont
Rolf Gjesteby, Benefits Consultant, NaseCare, Cohasset, Massachusetts
David Green, President/COO, Visual Terrain, Inc., Santa Clarita, California
Cindy Kent, Owner, A la Carte Gifts & Baskets, Denver, Colorado
Timberlyn Smith, President/CFO, Mustardseed Cultural & Environmental Services, LLC, Kansas City, Missouri
Cynthia Nadel, Controller, Fischer Panda Generators, Oakland Park, Florida
Sam Arledge, Owner, Manufacturers Distributor, Inc., Odessa, Florida
John Royster, President & CEO, Big Muddy Workshop Inc, Omaha, Nebraska
Vincent Cuccia, President/Owner, Vincent Cuccia, Wappingers Falls, New York
Jawad Shakir, CFO, TSAP, New Orleans, Louisiana
Stephanie Sacchi, Owner, Preferred Properties Unlimited, Paramus, New Jersey
Pankaj Parikh, Self-employed, Mount Prospect, Illinois
Diane Robinson, Owner, Robinson's Computer Services, Bolivar, Pennsylvania
Johnsie Mcswain, President, K9 Sleuth Services Inc., Greensboro, North Carolina
Michele Thompson, Office Manager/Bookkeeper, DAC Industries, Maplewood, Minnesota
Susan Johnson, Partner Office manager, Global Environmental & Remediation, Kearneysville, West Virginia
Janeane Harwell, Development Specialist, Janeane Harwell, Seattle, New Mexico
John Cavanaugh, President & CEO, Cross Cultural Communications, LLC, Columbus, Ohio
Tom Tacheny, owner, Tacheny Agency, Oklahoma City, Oklahoma
Rodolfo Dominguez, President, Salud Seguro Inc, Miami, Florida
Tim Taylor, Agent, Neal Insurance Agency Inc, Angleton, Texas
Dimitrios Kostopoulos, Owner, Hands-On Physical Therapy, Astoria, New York
Kimberly Wallace, Manager/Owner, Kimberly's Baskets, Charlotte, North Carolina
Paul Barthole, Accountant/Consultant, Barthole Consulting, Miami, Florida
Maria Gutierrez, Administrator, Urban Graffiti Enterprises, Inc., Covina, California
Hanna Politis, VP, Beans in the Belfry, Brunswick, Maryland
Ivette M Suarez, Owner, Marco Drugs & Compounding, Miami, Florida
Tatyana White, Managing Member, Brillianta, Carlisle, Massachusetts
Lilliam Nieves, Owner/Tax Accountant, Virtual Office Service, Cleveland, Ohio
Elizabeth Ochoa, Import-Export, on progress, Northport, New York
Natasha Winfrey, CEO, Winfrey HR, West Milford, New Jersey
Greg Marcum, Managing Attorney, Marcum Law Firm, Houston, Texas
Leonor Llange Galvan, President, ACCTAX-Accounting & Tax Service, Lauderhill, Florida
Sanjay Mehta, Owner, Proeats LLC, Montgomery, Texas
Sallie Yang, CEO, Tap Electronics, Buena Park, California
Andrew Pelliccio, Managing partner, PFS Consulting, LLC, Chapel Hill, New Jersey
Andrew Galambos, Principal Consultant, HRPower.consulting, Stony Brook, New York
Monica Hablich, Manager, Blue Business, Miami, Florida
Taj Manocha, CEO, Elegant Album LLC, Piscataway, New Jersey
Yeelys Ramos, Outreach & Enrollment Specialist, New Horizon Family Health Services, Inc, Easley, South Carolina
Jimmie Ruth Johnson-Moore, Owner, President/CEO, Tax Consultants Plus Inc, Missouri City, Texas
Gloria Solis-wall, Consultant, GW, Peachtree Corners, Georgia
Vernita Naylor, Owner, Jabez Enterprise Group, McDonough, California
Paul Chu, CEO, America Longxing Inc, Long Island City, New York
Uline Daniel, CEO, Making Money Opoortunity, Fort Pierce, Florida
Nadia Ahmed, Owner, Carpet, Alexandria, Virginia
Kimberly Reed, Ceo, Patriotic Pet Care, Washington, District of Columbia
Teresa Downs, Owner, Downs & Associates, Inc., Denver, Colorado
Angela Lazare, Owner/Operator, LaserAce, LLC, Durango, Colorado
Isabelle Chain, Vice-President, Omni Intercommunications, Inc., Houston, Texas
Peggie Rhodes, Agent/Owner, B INSURED 4 LIFE, Atlanta, Georgia
Emmanuel Dorismond, Owner, BUEN SAMARITANO TAX &SHIPPING, Tampa, Florida
Deborah Washington, Member, Deborah Washington, Fort Worth, Texas
Lisa Lerner, Owner/Member, Enhanced Consultive Solutions, LLC, Phoenix, Arizona
Lorna Manrique, CEO, Exportalia Customs Brokers, LLC, San Diego, California
Jorge Gomez, Self, ING2888, New York, New York
Elizabeth Kummer, Founder, Elevate Consulting Services, Denver, Colorado
Dennis Mehta, Partner, Pkg Ventures, Langhorne, Pennsylvania
Ariackna Gonzalez, Ariackna Gonzalez, Littleton, Colorado
Connie Selby, Owner, East Coast Property Solutions, Inc., Sykesville, Maryland
Dra Hathorne, Maerial Handler/Supplies, AKOS securities, Manvel, Kentucky
Richard Siddall, President, Elirion, Inc., Southbury, Connecticut
Gerald Peluso, Owner, JPI, Moorestown, New Jersey
Irma Castillo, Owner, Viva Bags of California, Los Angeles, California
Suzanne Burch, Owner, Suzanne Burch, Keswick, Virginia
Lei Zhang, Ceo, Little Fox Bilingual Preschool & Academy, Los Angeles, California
Amara Hildebrand, Partner, Eugene Lynne, Lakewood, Colorado
Emma Stroud, Owner, KIDZ LEARNING ZONE LLC, St. Louis, Missouri
Alanda White, Dr., Alanda White, Cibolo, Texas
Mays Jubran, Day care provider, Nora's day care, Anaheim, California
Karen De Guzman, Owner, Kc liquidation, Sacramento, California
Karen Smith, Owner, Redwood Pediatric Therapy Associates, Santa Rosa, California
Dionne Cheshier, Owner, C&A Associates Inc, Irving, Texas
Jeffrey Katrencik, Owner, Cerveza Now LLC, Eighty Four, Pennsylvania
Oliver Ruiz, personal trainer, Adictionfit Professional Personal Trainer, Miami, Florida
Heather Aldo, Office Manager, WILLIAMS ARCHITECTURAL MILLWORK, Newtown, Connecticut
Maria Luisa Espinoza, Espinoza FCC AKA Espinoza PRE-SCH& Child Care, Oxnard, California
Magdalena Zepeda-Selegue, Founder & CEO, GotInfo Corporation, Moreno Valley, California
S.G. Seaborn, Founder/CEO, Seaborn Enterprises, LLC, Lakeland, Florida
Ana Corona, Provider, Corona Family Child Care, Los Angeles, California
Patricia Chatman, Owner, Neal-Ivey Enterprise, Mesquite, Texas
Ian McCain, Self, Eastpointe, Michigan
Stacy Williams, Organizer, Stacy Williams, Fresno, California
Lisa Satterlee, President, Granite Government Group — G3, Garden Valley, Idaho
Mya Baker, CEO, Shoot Films Not People, Los Angeles, California
Medora Green, Federal EMS, Dee Green, Odo, Maryland
Aaron Blocker, Owner, Simple Solution Enterprises LLC, Chicago, Illinois
Kelly Robinson, President, Organic Skin Studio, Sacramento, California
Pedro Martinez, President, Pharmaceutical Delivery, Inc., South Gate, California
Lee Davis, CEO/Owner, Promoventures, Inc, San Diego, California
Katherine Kovich, Owner, Katherine Kovich, Bonita Springs, Florida
Lin Bader, Founder, Lin Bader Design, Chicago, Illinois
Xuehua Ai, Owner, Tang Insurance Agency, Milpitas, California
Eunjoo Lee, Director, Eunjoo Lee, Mclean, Virginia
Mike Lugo, Principal, EPIC Insurance Brokers & Consultants, Newport Beach, California
Ana Reyes, Director of Operations, El Tamarindo, Washington, District of Columbia
Alcante Sanon, CEO, Alcante Sanon, Boston, Massachusetts
Arlene Grosso, President, Access and Design, St. Petersburg, Florida
Lidia Stebbins, Owner, Lidia Stebbins, West Palm Beach, Florida
Alma Paulk, Accountant, Natural Wonders Gallery, San Juan Bautista, California
Hwajung Lee, CEO, Culture Flipper, San Jose, California
Heather Splawn, CEO, Kyma Technologies, Inc., Raleigh, North Carolina
Evera Ivy, CEO, Ivy League Farms, Kankakee County, Illinois
Hubert Escobar, CEO, HH Property Services LLC, Houston, Texas
Edward Roman, Pro Shop Worker, Bella Vista Golf Course, Gilbertsville, Pennsylvania
Kim Casto, Owner, Body Lines LLC, Harvard, Massachusetts
Josephine Odom, Owner, Stepping Stone Auto Sales, Stockton, California
Susan Otto, Owner Previously Pink Boutique LLC, Previously Pink Boutique, Hastings, Michigan
Nicole Harris-Heber, Educator, Nicole Harris-Heber, Jonesboro, Georgia
Deanna Williams, Owner, Deanna Williams, Chicago, Illinois
Chara Law, HR Operations, RomAnalytics, Creamery, Pennsylvania
Courtney Cowan, Owner, Milk Jar Cookies, Los Angeles, California
Miguel Bustos, Owner, El Nandu Restaurant, Chicago, Illinois
- Institutional AuthorsSmall Business Majority
- Subject Area/Tax Topics
- Industry GroupsHealth careInsurance
- Jurisdictions
- Tax Analysts Document Number2022-25844
- Tax Analysts Electronic Citation2022 TNTF 151-25