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SBAF Co-chair joins amicus brief in Supreme Court case that could unravel parts of the tax code and cause instability for small business owners

 The U.S. Supreme Court will hear arguments for Moore v, United States in December. Justices will issue a ruling by the end of their term next year. 

Oct. 31, 2023– Small Business for America’s Future Co-Chair and small business owner Anne Zimmerman,CPA was a signatory to an amicus brief calling upon U.S. Supreme Court justices to consider the far-reaching implication of a ruling that could destabilize the tax framework essential for small business operations in the Moore v. United States case.

The brief reads in part, “When entrepreneurs know what their tax burden will be, they can confidently allocate scarce resources to the best strategic investments for their business. When tax burdens are unpredictable, however, small businesses will confront a range of difficult circumstances. They may be surprised by tax bills that they cannot afford to pay—forcing them to make painful financial decisions or even to close their doors. Or they may react to the uncertainty by conserving their capital and passing on critical investment opportunities, which would in turn stunt their growth.”

Moore scrutinizes the constitutionality of the mandatory repatriation tax (MRT). A decision favoring the petitioners risks igniting a cascade of litigation and legislative reforms at both federal and state levels, causing uncertainty and potential hardship for the nation's economic drivers—small businesses.

“Running a small business means juggling everything from finances to daily operations. We rely on a stable tax system to plan ahead and grow. Any major changes in taxes can throw off our balance, making it even tougher to succeed,” said Zimmerman. "Moreover, if the Court decides to support the plaintiffs, it could create an environment that favors the wealthy and further challenges the rest of us striving for a level playing field."

Click here to read the full text of the brief.

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About Small Business for America’s Future
Small Business for America’s Future is a national coalition of small business owners and leaders working to provide small businesses a voice at every level of government. We’re committed to ensuring policymakers prioritize the nation’s 30 million small businesses to create an economy that works for them, their workers and their communities. Visit www.smallbusinessforamericasfuture.org. Follow us on Twitter and Facebook. #SmallBizAF.