Seven Bipartisan Policies Where President Trump and Congress Can Find Common Ground to Boost Small Business Success
FOR IMMEDIATE RELEASE :CONTACT: Kristofer Eisenla, LUNA+EISENLA media kristofer@lunaeisenlamedia. | 202-670-5747 (mobile)STATE OF THE UNION – SMALL BUSINESS National Association for the Self-Employed CEO and President Pens Guest Op-ed in The Hill Encouraging Bipartisan Cooperation on Small Business Issues WASHINGTON, D.C. – In advance of President Donald J. Trump’s State of the Union Address tomorrow before a joint session of Congress, Keith Hall, President and Chief Executive Officer of the National Association for the Self-Employed (NASE) published an op-ed in The Hill newspaper outlining, “Seven Ways Trump and Congress Can Boost Small Business.” In the piece, NASE President and CEO Keith Hall outlines seven bipartisan policy areas where the President and Congress can work together in a bipartisan way to boost the small business community, arguing, “Even during an election year, with a high-profile impeachment trial under way, these seven opportunities to achieve bipartisan policy fixes to support the mom-and-pop businesses throughout America could go a long way toward rebuilding trust in the workings of government.” In the piece published in The Hill , Hall writes: As entrepreneurship continues its steady growth and the demographic of work keeps evolving, there are seven areas where both sides of the political aisle in Congress can work together — and with the White House — to achieve support for the small business community: 1) Retirement options : Many small businesses don’t have the same retirement benefits and opportunities as large corporations. We must implement creative retirement options for small businesses , such as those included in the recently passed bipartisan SECURE Act , so that all Americans can retire with dignity regardless of job, status and employment structure. 2) Tax equity and simplification : With the nation’s new tax code now in its third year, it is important to build upon it by continuing to reduce the tax burden on small businesses, while also streamlining the tax code to make it easier and simpler to file annual tax returns. 3) Health care : We need to strengthen the Affordable Care Act by making access to health care more affordable for small business owners. Last year’s Health Reimbursement Account (HRA) rule change was a good start, but we must find additional options for small businesses to gain coverage, or to ensure their continuity of coverage. 4) Predatory lending : In an attempt to expand business operations, small business owners often seek loans. However, some lending entities use practices that are unfair or abusive, leading to loans that are unwanted, unaffordable or predatory in nature, with high interest rates and hidden fees. Policy leaders must not only crack down on these lending agencies, but also implement policies that protect borrowers and their businesses. 5) Access to capital : With the recent Senate approval of Jovita Carranza to lead the Small Business Administration, we must focus on opening new lines of capital by not only making sure the process is easy to apply for, but also that small businesses readily receive the money in a timely manner to invest in starting or growing business operations. 6) Promoting entrepreneurship : With the creation of each new small business, someone steps out of the unemployment line and into self-employment. We must continue to support, reward and foster the growth and expansion of new and existing small businesses through positive public policies. 7) Deregulation : The Trump administration and Congress have worked to cut many regulations affecting small businesses that prevented them from getting ahead. However, many regulations continue to hamper small business owners’ ability to grow, expand and save money. We must cut more red tape and burdensome regulations, such as unnecessary and excessive licensing requirements, to allow them to spend time on business operations and not just government paperwork. Click here to read the full piece To speak with National Association for the Self-Employed experts, please contact Kristofer Eisenla at Kristofer@lunaeisenlamedia.com ### The National Association for the Self-Employed (NASE) is the nation's leading advocate and resource for the self-employed and micro-businesses, offering 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 Next Biz Thing helps identify and connect our nation’s smallest businesses. Need small business help? Check out NASE’s Ask the Experts for advice or the NASE Minute for small business support. 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