Job Creators Network Bashes Biden’s Big Government Budget as Existential Threat to Small Businesses

Alfredo Ortiz, president and CEO of the Job Creators Network, released the following statement:

“President Biden’s budget confirms what job creators have long known and feared: Biden plans to let President Trump’s tax cuts, including the vital 20 percent small business tax deduction, expire, resulting in a massive, direct tax hike on entrepreneurs. The budget would use these tax increases, plus the ones he’s already proposed in the American Jobs Plan and American Families Plan, to accelerate Biden’s spending blowout that would fundamentally transform the U.S. in a socialist direction and dramatically accelerate nascent inflation. Biden’s big government budget would slow the small business-led economic recovery and return the country to the secular stagnation it experienced under his former boss a decade ago. Congress must reject this existential threat to the nation’s 30 million small businesses and the tens of millions of Americans who depend on them for their livelihoods.”