Job Creators Network Hosts Bring Small Businesses Back Event in Roswell on Oct. 19th
Staff Report From Metro Atlanta CEO
Monday, October 17th, 2016
The Job Creators Network announced that it is hosting a Bring Small Businesses Back event in Roswell, GA on Wednesday, October 19th at Roswell City Hall from 9:00 A.M. - 11:00 A.M. ET. The event features Georgia Representative Tom Price, M.D., Home Depot co-founder and retired Chairman Bernie Marcus, and JCN President and CEO Alfredo Ortiz discussing the threats that small business owners face.
RSVP for the event here.
The event is part of JCN's Bring Small Businesses Back campaign which consists of a nationwide bus tour to hear the challenges that real local small businesses are facing. Alfredo Ortiz, president and CEO of JCN, will present on this campaign as well as JCN's Employer to Employee education program.
"Rep. Price stands resolute in his defense of small businesses and is committed to removing the obstacles that lie in their path," said Alfredo Ortiz, president and CEO of the Job Creators Network. "With the support of leaders like him, we can bring small businesses back and get the economy working for everyone."
The event will focus on finding solutions to the problems most commonly cited by small business owners: overregulation, overtaxation, and lack of access to credit. With small businesses in Georgia making up 97 percent of all employers in the state, it is vital for their concerns to be heard.
In a nationwide poll of small businesses commissioned by JCN earlier this year, two-thirds of respondents identified overtaxation as preventing their businesses from thriving. Three-fifths said the same about overregulation. As a result, the survey also found that only one in five small business owners plan to hire additional employees over the next year, and only around one-quarter believe that doing business over the next year will be easier than the previous one.
To address the overtaxation hurdle, Rep. Randy Hultgren's (R-IL) recently announced Bring Small Businesses Back Tax Reform Act (H.R. 5374), which would reduce the tax burden on the nation's small business job creators, which make up half of the nation's jobs and two-thirds of its new jobs.
The proposed legislation would lower the tax rate on pass-through businesses' first $150,000 worth of income to 10 percent. And it would lower the rate on income between $150,000 and $1 million to 20 percent.