Tele-press conference on Thursday Dec. 1 discussing what the proposed payroll tax cut would mean to small businesses and the economy
Nov. 30, 2011
A member of the White House National Economic Council will join Small Business Majority CEO John Arensmeyer and two small business owners at a tele-press conference Thursday, Dec. 1, 2011, at 11am EST to discuss what the proposed payroll tax cut would mean for small businesses and the country’s economic recovery.
WHAT: The payroll tax proposal in the American Jobs Act, which is now being incorporated into the Senate’s bill, the Middle Class Tax Cut Act of 2011, would cut small businesses’ taxes in half for their first $5 million in payroll. Next year, instead of paying 6.2 percent on their payroll expenses, they would pay only 3.1 percent. Since 98 percent of all businesses have less than $5 million in payroll, the vast majority would see a significant drop in their total payroll taxes that could help them grow their business and the economy.
The White House staff member, Mr. Arensmeyer and two small business owners will discuss what this tax cut would mean for small firms and the self-employed.
Member of the White House National Economic Council
John Arensmeyer, Founder and CEO, Small Business Majority
Rosina Rubin, Owner, Attitude New York, NY
Ron Nelsen, Owner, Pioneer Overhead Door, Las Vegas, NV
11 a.m. EST on Thursday, Dec. 1, 2011
CALL IN: (712) 432-0900; Access code: 505250
About Small Business Majority
Small Business Majority is a national nonpartisan small business organization, founded and run by small business owners, and focused on solving the biggest problems facing America’s 28 million small businesses. We conduct extensive opinion and economic research and work with small business owners, policy experts and elected officials nationwide to bring small business voices to the public policy table.