Supporting Family Businesses Through Pro-Growth Tax Reform
The Family Business Coalition (FBC) has issued a letter to Speaker Mike Johnson and other House Republican leaders urging them to make the Tax Cuts and Jobs Act (TCJA) permanent and resist any efforts to raise taxes on U.S. businesses. In the letter, FBC Chairman Palmer Schoening highlights the economic benefits that family-owned businesses experienced under TCJA, including investment, job creation, and community support. These businesses, which form the backbone of the American economy, operate on narrow margins and rely heavily on predictable and fair tax policies to thrive. The FBC also warns…continue reading →