Tax reform helps Mom and Pop shops
The Holland Sentinel – March 30, 2018
Thursday was National Mom and Pop Business Owners Day — a time to celebrate the millions
of small businesses we have across our country. This year, however, Mom and Pop shops have
another reason to celebrate: tax reform.
Despite House Minority Leader Nancy Pelosi and her “crumbs” comment, tax reform is working for small business owners and their employees. Almost half of all small business owners think that tax reform will help their business grow (versus the 23 percent who think it won’t) and a majority of small business owners believe that tax reform is good for the economy as a whole.
Since President Trump signed the tax reform bill into law, small business confidence has surged, creating the largest increase on record. Nearly a third of companies plan to hire more
workers as a result of tax reform and 40 percent of businesses plan to reinvest their tax savings into worker salaries and training.
Tax reform has been especially important for West Michigan, where we are blessed to have so many local businesses that have thrived for generations. For example, Zach Booker is a fourth-generation barber, innovative entrepreneur and owner of Zach’s Barber Shop in Grandville and Hudsonville.
Zach also owns a marketing firm with two locations in West Michigan and an auto glass shop in Wyoming. Because of tax reform, Zach has increased wages for his employees, hired more employees, and is currently looking to open new locations to serve our community.
Saving “mom and pop” shops is a great reason to celebrate. As you shop at a small business today, just remember that we have President Trump and Congressman Bill Huizenga to thank for the improved local business environment we have in West Michigan.
Chair, Ottawa County Republican Party