FOR IMMEDIATE RELEASE
Media Contact
Nazirah Ahmad
704-290-6869
Small Business Owner in Wisconsin Criticizes House Budget Resolution as Harmful to Main Street
Statement by Daniel Guerra Jr., Founder of Altus, Inc. in Madison, WI and Small Business for America's Future Council Member
Madison, WI, Feb. 26, 2025—"The House budget resolution calling for a $4.5 trillion extension of the 2017 Tax Cuts and Jobs Act is deeply concerning for small business owners like me across Wisconsin. It's disheartening to see lawmakers push for a repeat of policies that simply didn't work. The 2017 tax plan did absolutely nothing to help my business grow.
“This resolution would further entrench the two-tier tax system that overwhelmingly favors large corporations over small businesses. A recent Small Business for America's Future survey confirms this reality, with 91% of small business owners reporting that the tax code favors big companies, while 76% believe wealthy individuals and large corporations received most of the TCJA's benefits.
“Even more concerning, the proposed reckless $2 trillion in spending cuts could slash healthcare programs like Medicaid that many small business owners, their employees, and communities rely on. These cuts will disproportionately harm Main Street businesses while delivering windfall tax benefits to large corporations.
“Instead of continuing to prioritize large corporations, we need a tax system that recognizes the unique challenges small businesses face and provides meaningful support to help us create jobs and strengthen our communities. A recent Small Business for America's Future survey found only 6% of small business owners were able to increase wages because of the TCJA, and a mere 3% created new jobs.
“Small businesses are the economic engine of communities across Wisconsin. We need practical solutions like exempting the first $25,000 of profit from federal income tax and creating a simple standard deduction for small businesses—not more handouts to big corporations that already have significant advantages. The Senate must reject this misguided budget resolution and focus on tax policies that truly support Main Street entrepreneurs."
To request an interview with Daniel Guerra or any Small Business for America's Future member, contact Nazirah Ahmad at (704) 290-6869 or nazirah@emccommunications.com.
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. Visitwww.smallbusinessforamericasfuture.org. Follow us on Twitter and Facebook. #SmallBizAF.
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