On Monday, U.S. Representative Mike Coffman (CO-06) appeared as a special guest at a forum with small business owners and local residents in his home state of Colorado as part of The Job Creators Network’s (JCN) Bring Small Businesses Back (BSBB) campaign. Rep. Coffman joined Heidi Ganahl, the CEO of Camp Bow Wow, and JCN President and CEO Alfredo Ortiz.
The event focused on the main threats—overtaxation, overregulation, and lack of access to capital—facing small businesses and identified solutions to address them. These issues are of particular concern for Colorado because proposals for a single-payer healthcare system—funded by massive tax hikes on employers—and an increase in the minimum wage will be on the ballot in November.
“Coloradoans and all other American citizens approach a crossroads when it comes to state and federal policies that affect small business,” argued Rep. Coffman. “Groups like JCN and legislators like myself will continue to work to knock down burdensome federal regulations and promote policies that allow small businesses to thrive.” Ortiz agreed: “Perhaps nowhere in the country do small businesses face greater threats than in Colorado, which is currently considering a major tax increase on businesses to fund state-run healthcare as well as a dramatic minimum wage increase. I am proud to stand beside Rep. Coffman and local small business owners to identify solutions to protect the state’s small businesses and vibrant economy.”
Small businesses are the foundation of the U.S. economy—accounting for half of existing jobs and two-thirds of new career opportunities—making it all the more important that BSBB events highlight the problems they face and potential solutions.