Job Creators Network Participates in Small Business Summit with President Trump
Today, Alfredo Ortiz, CEO of Job Creators Network, is participating in a small business summit with President Trump at the White House. The event, taking place this afternoon, brings together the nation’s leading small-business voices to celebrate Main Street and discuss the most pressing challenges and opportunities they’re facing.
One key theme is how the Working Families Tax Cut, which took effect last July, is helping small businesses start, expand, hire, raise wages, and reinvest in their communities. The tax cut restores 100% immediate expensing, makes permanent the 20% small-business tax deduction, and locks in lower tax rates.
To coincide with the event, JCN released new research showing that small-business creation has surged since the tax cuts were passed. JCN also placed an op-ed in The Hill calling on Republicans to index capital gains to inflation to help Main Street even more.
Ortiz released the following statement:
“I am honored to be invited and participate in today’s small business summit with President Trump at the White House. Thanks to President Trump’s leadership and policies, America’s small businesses are thriving. Last year’s Working Families Tax Cut has coincided with, and is directly responsible for, record small-business creation, around 20% higher than the post-COVID-19 baseline. As a result, millions more people can live the American Dream of small-business ownership, driving hiring and economic growth in their communities.
“I look forward to discussing even more ways to help small businesses with other Main Street thought leaders. At the top of this list is indexing capital gains taxes to inflation, a move that would dramatically help small businesses that too often have to pay enormous taxes on phantom inflation gains when they sell their companies after years or decades of growing their value. By passing this reform, Republicans can deliver another massive Main Street tax victory that they can take to voters during campaign season.”
