Mark Brnovich is Small Business’ Choice for Top Cop

Eighty-nine percent polled favor ex-gaming chief over former top banking regulator

PHOENIX, Ariz., Sept. 10, 2014 – Appreciating that the state’s attorney general is our last line of defense against the overreach of an aggressive federal government, Arizona’s leading small-business association today announced its endorsement of Mark Brnovich for Arizona’s next attorney general.

“Arizona’s job creators trust Mark Brnovich to enforce the law and protect our communities,” said Farrell Quinlan, Arizona state director for the National Federation of Independent Business (NFIB). “Arizona’s entrepreneurs are confident Mark Brnovich will foster a safe and secure environment and ensure a level playing field so our small businesses can thrive.”

This poll of 379 Arizona small-business owners was conducted by NFIB between August 28 and September 4, 2014.

This poll of 379 Arizona small-business owners was conducted by NFIB/Arizona between August 28 and September 4, 2014.

The Brnovich endorsement is the 7,000-Arizona-member-strong, small-business advocacy group’s first endorsement in the attorney general’s race in more than a decade. The decision to endorse was largely driven by the results of a survey of small-business owners that revealed a decisive favorite. In that survey, former federal prosecutor and ex-Gaming Department chief Mark Brnovich received 89 percent support to former top state banking regulator Felecia Rotellini’s 11 percent in the poll of 379 Arizona small-business owners conducted by NFIB August 28 to September 4, 2014.

“As Arizona’s next attorney general, Mark Brnovich will provide solid legal advice to state regulatory agencies in order to prevent overreach, regulatory bullying of small-business owners and to ensure state agencies aren’t acting on bad or inaccurate legal advice,” Quinlan said.

The formal endorsement of Mark Brnovich was made by the NFIB/Arizona Save America’s Free Enterprise (SAFE) Trust, the political action committee of NFIB members in Arizona.

2014_0910_NFIBAZ_Brnovich_05

Republican Attorney General nominee Mark Brnovich discusses small business issues today at the NFIB/Arizona Small Business Forum in Phoenix. Earlier in the day NFIB/Arizona announced its endorsement of Brnovich and reported that 89% of small business owners polled supported the election of the former federal prosecutor.

For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. NFIB’s educational mission is to remind policymakers that small businesses are not smaller versions of bigger businesses; they have very different challenges and priorities.

Doug Ducey is Small Business’ Choice for Governor

Nine in 10 entrepreneurs surveyed prefer state treasurer over former regents’ chairman

PHOENIX, Ariz., Sept. 9, 2014 — Reflecting small-business owners’ nine-to-one preference of Doug Ducey over Fred DuVal to be our next governor, Arizona’s leading small-business association today announced its endorsement of Doug Ducey for governor.

“In a clear and booming voice, Arizona’s job creators say Doug Ducey is small-business’ choice for governor in 2014,” said Farrell Quinlan, Arizona state director for the National Federation of Independent Business (NFIB).

Poll of 379 Arizona small business owners conducted by NFIB August 28 to September 4, 2014.

Poll of 379 Arizona small business owners conducted by NFIB August 28 to September 4, 2014.

State Treasurer Doug Ducey received 90.4 percent support to former Board of Regents Chairman Fred DuVal’s 9.6 percent in a poll of 379 Arizona small-business owners conducted by NFIB August 28 to September 4, 2014.

The formal endorsement of Doug Ducey was made by the Save America’s Free Enterprise (SAFE) Trust, the political action committee of the National Federation of Independent Business.

“Arizona small business owners overwhelmingly recognize and appreciate Doug Ducey’s successful business experience and bold political leadership and view them as the essential qualities needed in our next governor,” said Quinlan.

“Whether it’s because of his wise stewardship of more than $12 billion in state assets as state treasurer or rising to the challenge of leading the underdog ‘NO on 204′ campaign to stop a permanent one-cent sales tax increase, Doug Ducey has earned the trust and confidence of the backbone of Arizona’s economy—our small-business owners. NFIB is proud to endorse Doug Ducey for governor of Arizona and look forward to working with him and his administration to kick start job creation in Arizona.”

UPDATE: Doug Ducey’s statement today regarding NFIB/Arizona’s endorsement of this campaign for governor:

“Small businesses are a cornerstone of a growing economy and my opportunity agenda, and I’m honored to add NFIB’s support to my growing coalition,” Doug Ducey said. “As your governor, my business priorities will include fewer regulations, lower taxes and a reformed tax code to ensure small businesses have every opportunity to thrive.”

Doug Ducey discuss how to kick start our economy at the NFIB/Arizona Small Business Forum in June.

Doug Ducey discuss how to kick start the state’s economy at the NFIB/Arizona Small Business Forum in June.

For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. NFIB’s educational mission is to remind policymakers that small businesses are not smaller versions of bigger businesses; they have very different challenges and priorities.

NFIB/Arizona Endorses 43 Legislative Candidates for the General Election

Photographed holding one of NFIB’s signature “Small Business’ Choice” campaign sign-toppers, NFIB/Arizona Leadership Council Chairman Mark Giebelhaus congratulates former lawmaker Sylvia Tenney Allen after she was selected as replacement state senate nominee by Legislative District 6 Republicans at their August 30th special meeting in Flagstaff. The extraordinary selection became necessary when incumbent Sen. Chester Crandell died in an early-August horse-riding accident after primary ballots had already been sent to voters. Mr. Giebelhaus was on hand at the GOP meeting to inform Mrs. Allen that she would receive NFIB/Arizona SAFE Trust’s endorsement. Mrs. Allen served in the Arizona Senate from 2008 to 2013 rising to the position of Senate President Pro Tempore in 2011. While in office, she achieved a perfect 100-percent score on NFIB/Arizona’s Voting Records during her four-and-a-half years in the legislature.

Photographed holding one of NFIB’s signature “Small Business’ Choice” campaign sign-toppers, NFIB/Arizona Leadership Council Chairman Mark Giebelhaus congratulates former lawmaker Sylvia Tenney Allen after she was selected as replacement state senate nominee by Legislative District 6 Republicans at their August 30th special meeting in Flagstaff. The extraordinary selection became necessary when incumbent Sen. Chester Crandell died in an early-August horse-riding accident after primary ballots had already been sent to voters. Mr. Giebelhaus was on hand at the GOP meeting to inform Mrs. Allen that she would receive NFIB/Arizona SAFE Trust’s endorsement. Mrs. Allen served in the Arizona Senate from 2008 to 2013 rising to the position of Senate President Pro Tempore in 2011. While in office, she achieved a perfect 100-percent score on NFIB/Arizona’s Voting Records during her four-and-a-half years in the legislature.

The political action committee of Arizona’s leading small-business association today announced its General Election endorsements of 43 candidates for the Arizona Senate and Arizona House of Representatives.

“The legislative candidates endorsed by NFIB today are proven friends of free enterprise whom Arizona small-business owners can trust to place their responsibility to taxpayers first over the interests of bigger government and its enablers,” said Farrell Quinlan, Arizona state director for the National Federation of Independent Business (NFIB).

These endorsements are formally issued by the NFIB/Arizona Save America’s Free Enterprise (SAFE) Trust, the organization’s political action committee, and represent the culmination of the legislative candidate endorsement process for the small business advocacy group.

In July, NFIB endorsed 42 candidates in the primary phase with all but two advancing to the General Election—Rep. Carl Seel lost his primary and Sen. Chester Crandell passed away in August. The three new NFIB endorsements for the General Election are former state senator Sylvia Tenney Allen who was selected by her party to replace Sen. Crandell in the Legislative District 6 Senate contest and House candidates Noel Campbell in Legislative District 1 and Anthony Kern in Legislative District 20. NFIB is expected to announce soon small business’ choice for governor and attorney general.

NFIB/Arizona Legislative Endorsements in the 2014 General Election:

  • LD05 Senate: Kelli Ward
  • LD06 Senate: Sylvia Tenney Allen
  • LD10 Senate: Mark Morrison
  • LD11 Senate: Steve Smith
  • LD12 Senate: Andy Biggs
  • LD13 Senate: Don Shooter
  • LD14 Senate: Gail Griffin
  • LD15 Senate: Nancy Barto
  • LD16 Senate: David Farnsworth
  • LD17 Senate: Steve Yarbrough
  • LD20 Senate: Kimberly Yee
  • LD21 Senate: Debbie Lesko
  • LD22 Senate: Judy Burges
  • LD23 Senate: John Kavanagh
  • LD01 House: Noel Campbell
  • LD01 House: Karen Fann
  • LD05 House: Sonny Borrelli
  • LD06 House: Brenda Barton
  • LD06 House: Bob Thorpe
  • LD10 House: Todd Clodfelter
  • LD10 House: William Wildish
  • LD11 House: Mark Finchem
  • LD11 House: Vince Leach
  • LD12 House: Eddie Farnsworth
  • LD12 House: Warren Petersen
  • LD13 House: Darin Mitchell
  • LD13 House: Steve Montenegro
  • LD14 House: David Gowan
  • LD14 House: David Stevens
  • LD15 House: John Allen
  • LD16 House: Kelly Townsend
  • LD17 House: J.D. Mesnard
  • LD17 House: Jeff Weninger
  • LD18 House: Jill Norgaard
  • LD20 House: Paul Boyer
  • LD20 House: Anthony Kern
  • LD21 House: Rick Gray
  • LD22 House: David Livingston
  • LD22 House: Phil Lovas
  • LD23 House: Michelle Ugenti
  • LD25 House: Rusty Bowers
  • LD25 House: Justin Olson
  • LD28 House: Shawnna Bolick

For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. NFIB’s educational mission is to remind policymakers that small businesses are not smaller versions of bigger businesses; they have very different challenges and priorities.

Doug Ducey – Good For Business

Doug Ducey

Lisa Rigler

Lisa Rigler – President, Small Business Alliance

As a small business owner and president of the Small Business Alliance, I get to work with some of Arizona’s most energetic entrepreneurs on a regular basis. The entrepreneurial spirit and fresh energy I see in other small businessmen and -women are qualities that I also see in Doug Ducey, and I know he will bring them to the governor’s office.

Doug built Cold Stone Creamery from a few shops in Arizona to a worldwide brand, so he’s well aware of the challenges small business owners face. He has an aggressive tax reform agenda that will attract businesses in a dynamic yet fiscally responsible way while also benefiting growing Arizona businesses.

With Doug’s leadership talents, reform-based approach to problem-solving, and positive outlook, I’m confident Arizona will have a bright future if he is our governor.

So, I encourage you to step up and cast your vote for Doug Ducey.  Whether you’re voting early at your kitchen table or you’re going to the polls on August 26th, if you’re looking for a small business champion, Doug should be your choice.

Doug can kick-start our economy, but he has to get elected first. Please sign up for a volunteer shift, put a bumper sticker on your car, and tell your employees, colleagues, friends and family: Doug Ducey for governor!

Let’s go Doug!

Lisa Rigler, President, Small Business Alliance

Phoenix Earns High Marks From NFIB

City judged one of five best in nation for welcoming small business

In an e-newsletter to its more than 330,000 members nationwide today, including 7,000 in Arizona, the National Federation of Independent Business, America’s voice of small business, ranked Phoenix as one of the top five cities in the country “Opening Their Doors to Small Business.”

“Phoenix’s rebounding economy, favorable climate and entrepreneurial culture attracts many transplanted residents,” said the NFIB article. “Two years ago, the Phoenix City Council implemented reforms that shifted a significant portion of city permitting and inspection functions to the private sector and created 24-hour turnarounds for projects such as city and building permits that used to take four to six months. With quicker turnarounds, doing business in Phoenix has become faster and more convenient.”

Noted Farrell Quinlan, NFIB’s Arizona state director, “The majority of people starting small businesses and prospering here were born somewhere else. That kind of new blood and vitality means opportunities in Phoenix aren’t encumbered by an old-boys network.”

In a news release issued by Mayor Greg Stanton, he said, “This ranking is a testament to the actions we’re taking to lift small and local businesses. We’re moving in a new economic direction – one that creates real opportunity for business owners and entrepreneurs.”

sal diciccio council chambers

Phoenix City Councilman Sal DiCiccio

City Councilman Sal DiCiccio added, “This puts Phoenix in a position to compete in the global economy, making us faster, smarter and better than our competitor cities. Getting 24-hour permitting and the ability to submit plans online allows businesses to open today, not months from now. The Mayor and Council recognized that it grows our economy faster when we help businesses take off quickly.”

DiCiccio, a longtime NFIB member, led the 125-member Ad Hoc Development Task Force that produced the reform recommendations for how to streamline the city’s permit process.

Phoenix has also been helped by a better state climate, Quinlan pointed out. “The state has been a leader in low tax rates and regulatory reform. For instance, Arizona simplifies the process state agencies must follow when creating rules and regulations they impose on Arizona businesses. That leadership ensures government serves as a facilitator of economic dynamism rather than a frustrator of job creation.”

Other cities making the top five list were Caspar, Wyoming; Jackson, Mississippi; Las Vegas, Nevada; and Orlando, Florida.

For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. NFIB’s educational mission is to remind policymakers that small businesses are not smaller versions of bigger businesses; they have very different challenges and priorities.

NFIB Endorses 42 Legislative Candidates

Nine Newcomers Join 33 Incumbents as Small Business’ Choice

The political action committee of Arizona’s leading small-business association today announced its endorsements of 42 candidates for the Arizona Senate and Arizona House of Representatives.

NFIB/Arizona Leadership Council Chair Mark Giebelhaus and NFIB/Arizona State Director Farrell Quinlan flank LD18 House hopeful Jill Norgaard at the small business group’s Small Business Forum this week.

NFIB/Arizona Leadership Council Chair Mark Giebelhaus and NFIB/Arizona State Director Farrell Quinlan flank LD18 House hopeful Jill Norgaard at the small business group’s Small Business Forum this week.

“The legislative candidates endorsed by NFIB today are proven friends of free enterprise whom Arizona small-business owners can trust to place their responsibility to taxpayers first over the interests of bigger government and its enablers,” said Farrell Quinlan, Arizona state director for the National Federation of Independent Business (NFIB).

NFIB/Arizona Leadership Council member Jeff Fleetham and LD28 House hopeful Shawnna Shawnna Bolick at the small business group’s Small Business Forum this week.

NFIB/Arizona Leadership Council member Jeff Fleetham and LD28 House hopeful Shawnna Shawnna Bolick at the small business group’s Small Business Forum this week.

The principal standard used to evaluate incumbents was their voting records on 12 bills supported or opposed by the National Federation of Independent Business during the 2013-2014 legislative sessions. Endorsements for non-incumbent candidates were largely based on the quality of their answers on a questionnaire. These endorsements are formally issued by the NFIB/Arizona Save America’s Free Enterprise (SAFE) Trust, the organization’s political action committee, and represent the culmination of the pre-primary phase of the candidate evaluation process. There may be further endorsements in select legislative and statewide races after the August 26th primary elections.

NFIB/Arizona Endorsements in 2014 Legislative Primary Contests

For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. NFIB’s educational mission is to remind policymakers that small businesses are not smaller versions of bigger businesses; they have very different challenges and priorities.

Did Heather Carter Vote to Raise our Taxes?

By Jose Borajero

Heather Carter

Heather Carter

Shortly, the Arizona Supreme Court will be ruling on whether the Medicaid tax imposed by the Democrats, aided and abetted by Representative Heather Carter and eight other Republicans in the House of Representatives is really a tax or something else, like a fee. The only question that will be resolved by the court is whether that move was legal or not. It will not determine whether it was good or bad. We all know that the mere fact something is legal does not automatically make it good, or desirable.

Whether we call it a tax, or something else, like a fee, an assessment, a contribution, an investment, or any of a myriad euphemistic terms that big government advocates use to disguise taxes, the fact remains that Heather Carter voted for bills that increase the amount of money that moves from the pockets of the taxpayers to the pockets of the government.

That fact is reflected in the results of the legislator evaluations done by three conservative leaning organizations.

Americans for Prosperity (AFP): This organization routinely keeps track of how legislators vote on issues having to do with economic matters, like taxation, spending, education, etc. (scorecard)

Goldwater Institute: These folks evaluate legislator performance across a wide variety of subjects, including tax & budget, education, constitutional government, and regulation.

National Federation of Independent Businesses (NFIB): This is a watchdog group for small businesses, which account for the vast majority of jobs in this country. They evaluate legislators on whether or not their votes enhance small businesses ability to operate in free and open market. (scorecard)

Currently in Arizona, we have 17 Republicans in the Senate and 36 Republicans in the House of Representatives, for a total of 43 Republican legislators. Let us see how Heather Carter was scored by all three organizations.

ORGANIZATION SCORE RANK
Americans for Prosperity – 48%  or 39th out of 43
Goldwater Institute – 61% or 35th out of 43
National Federation of Independent Businesses – 75% or 43rd out of 43

Conclusion: Heather Carter is a friend of Big Government and an enemy of the tax payer. People should keep that in mind when deciding whether to vote for her or for her challenger(s).

 

Hobby and a Lobby of Glass Houses

By Sam Stone

The liberal angst over the recent Supreme Court decision in favor of Hobby Lobby and other Christian-owned family businesses is rapidly spinning out of control. Critics have accused Hobby Lobby and the Supreme Court of everything short of genocide. Comedian and MSNBC contributor John Fugelsang tweeted that the Hobby Lobby ruling “proves once again that Scalia Law is a lot like Sharia Law”, explicitly comparing the atrocities committed in the name of radical Islam to not requiring someone else to pay for the morning-after pill. That’s ridiculous.

It’s ridiculous in light of what Hobby Lobby really is: one of the best examples of corporate humanity and compassion in this country. It’s even more ridiculous when you compare Hobby Lobby to, for example, Staples – a similar retail business run by founder and CEO Tom Stemberg, who was a significant contributor to President Obama’s campaigns.

Hobby Lobby pays a starting wage of $9.50 per hour for part time employees. Full time employees start at $14 an hour. All employees are eligible to enroll in the company-sponsored health care plan (which covers 16 types of birth control). All employees have Sundays off.

Staples employees often start at whatever minimum wage their local jurisdiction has set. Their average wage for associates is $8.55 an hour. Most associates do not qualify for company-sponsored benefits. Staples is open 7 days a week.

And yet, the left is basically claiming that because Hobby Lobby will only pay for 16 of 20 FDA-approved birth control types, they are the Taliban and the Green family are members of ISIS. What on earth does that make Tom Stemberg and Staples? A Staples employee who doesn’t have company health insurance isn’t getting their morning-after pills paid for by the company, either. Or condoms. Or the pill. Or…you get the picture.

I have a ton of liberal friends and family members who pooh-pooh the idea of a War on Christianity. Frankly, I always have as well. The reaction of liberals and their media allies to the Hobby Lobby case is changing my mind. The mainstream media doesn’t so much as bat an eyelash at the Staples of the world, so long as the plutocrats in charge are willing to keep lining the pockets of liberal candidates (and their own networks). But Christian business owners who pay their employees a living wage and provide healthcare benefits are monsters because they won’t pay for a few specific abortifacients?

Nothing in the Supreme Court ruling or Hobby Lobby’s employee handbook prevents employees from going out and purchasing the morning-after pill for themselves. But, apparently, none of this matters so long as liberals can use the ruling to perpetuate a mythological conservative “war on women” that exists mostly in the minds of the Sandra Fluke’s of the world. Perhaps, instead, they should take a look at their own glass houses.

A Priority for the Next Governor

NFIB/Arizona's Farrell Quinlan

NFIB/Arizona’s Farrell Quinlan

Three of Arizona’s five Democrat members of Congress last week joined all four of their Republican colleagues from the state to accomplish what a similar bipartisan majority in the Arizona Legislature did earlier this year: It loaded a badly needed shot in the arm for the small-business owners who generate almost every new job in the state and nation.

The U.S. House of Representatives voted to make permanent a tax provision that would allow small businesses to write off up to $500,000 in new equipment purchases, and some improvements to real property, instead of depreciating the costs over time. H.R. 4457, titled America’s Small Business Tax Relief Act of 2014, would provide small businesses with expensing levels that are permanent, predictable and at a level adequate to their needs.

This change to Section 179 of the federal tax code, which overwhelmingly passed the House on a 272-144 vote, would prevent the expensing level to fall all the way to $25,000 in 2014, after being at $500,000 from 2010 through 2013. It also indexes the level to inflation. In addition, the House also passed a bill that eases the tax burden on small businesses that change from taxable C-corporate status to S-corporate status.

A quick sample of the small-business owners benefitting from the H.R. 4457 expensing levels would include:

  • Your local pizza shop owner who might want to install new ovens and countertops that cost $100,000. He could deduct these capital improvements the same year he makes them, instead of waiting for the current 39 years to get his full depreciation.
  • A farmer considering equipment purchases of $300,000 could do so with much more ease, knowing it could all be deducted the year she bought it, instead of only $25,000 of it the first year.
  • A contractor looking to buy two work vehicles costing $60,000 would be more inclined to do so. Under current law, only $35,000 could be deducted—spread over five years—instead of all of it immediately.

On June 12, Arizona Democrats Ron Barber, Ann Kirkpatrick and Kyrsten Sinema joined Republicans Paul Gosar, Trent Franks, Matt Salmon and David Schweikert in supporting this pro-jobs legislation. Congressmen Raul Grijalva and Ed Pastor, both Democrats, voted against H.R. 4457. The measure now goes to the U.S. Senate for its consideration.

Earlier this year, a similar tax relief act, House Bill 2664, passed the Arizona Legislature with overwhelming bipartisan majorities. The legislation sponsored by state Rep. J.D. Mesnard (R-Chandler) would have created an immediate state income tax allowance, similar to federal Section 179 expensing for qualifying business equipment investments valued up to $500,000.

In a tragic misreading of the needs of Arizona’s economy, Gov. Jan Brewer vetoed HB 2664 because “the money would be better utilized” on her spending priorities. Undaunted, NFIB is committed to vigorously lobbying Arizona’s next governor and the new Legislature next session to finally realize our own $500,000 allowance to spur new job creation.

Last week’s strong bipartisan House vote to pass H.R. 4457 is very encouraging to small business, especially as demonstrated by the votes of Arizona’s congressional delegation. If Congress and the president do succeed in making it federal law, Arizona’s next governor must match it. If Washington fails, then establishing the small-business expensing allowance in Arizona’s tax code will be all the more critical.

Farrell Quinlan is Arizona state director for the National Federation of Independent Business.

NFIB Arizona weighs in on latest economic report

Congress can help where Arizona fell down

PHOENIX, Ariz., June 10, 2014Today’s release of one of the nation’s most trusted economic surveys casts in sharp relief how pervasive our political leaders’ inattention to small-business job creation is, according to the Arizona state director of the National Federation of Independent Business, America’s voice of small business.

As it does very month, NFIB releases its Index of Small Business Optimism, which measures the pulse of the nation’s largest employer group—Main Street entrepreneurs. Although the index rose to its highest level since 2007, the underpinnings of a strong economy are still not seismically sound.

“What stood out for me in the latest optimism index was Arizona’s missed opportunity to spur capital spending and new job creation by our own small businesses when Governor Brewer vetoed House Bill 2664 earlier this year,” said Farrell Quinlan, Arizona state director for NFIB. The bill, which passed the Legislature with overwhelming bipartisan majorities, would have created an immediate state income tax allowance for qualifying business equipment investments valued up to $500,000, similar to federal Section 179 expensing.

Indeed, in summarizing the latest optimism index, economist William Dunkelberg, its author, noted, “May’s numbers bring the Index to its highest level since September 2007. However, the four components most closely related to GDP and employment growth (job openings, job creation plans, inventory and capital spending plans) collectively fell 1 point in May.”

“Shifting capital spending into a higher gear is essential to a full and sustainable economic recovery,” said Quinlan. “Now, even though Arizona’s capital expensing vehicle stalled, Congress can turn on the ignition of job creation by passing H.R. 4457, the Small Business Tax Relief Act, when it comes up for a full House vote Thursday.

H.R. 4457 would allow small businesses to immediately deduct on their federal taxes the full value of equipment in the same year the investment is made, instead of depreciating the investment over time. This simplifies accounting and frees up cash to be reinvested and grow the business.

“The job-creation user’s manual is pretty straightforward and easy to follow,” said Quinlan. “If business owners have an incentive to invest in more equipment, they will need to hire more employees to meet the increased sales that equipment will generate. But I worry H.R. 4457 may face a similar grim fate in Congress as House Bill 2664 suffered in Arizona, despite everyone—Democrats, Republicans, business and labor—favoring it, a tragic misreading of the economy’s weakness will lead to continued inertia and another missed opportunity.”

Despite broad, bipartisan support, small-business federal expensing fell from $500,000 to $25,000 this year because previous extensions were temporary. H.R. 4457 would provide small businesses with expensing levels that are permanent, predictable and at a level adequate to their needs.Click here to read a letter 154 business associations signed and sent to Congress.

NOTE: The NFIB Research Foundation has collected Small Business Economic Trends data with quarterly surveys since 1974 and monthly surveys since 1986. Survey respondents are drawn from NFIB’s membership. The report is released on the second Tuesday of each month. For almost 40 years, NFIB’s Index of Small Business Optimism has been one of the nation’s bellwether economic barometers, used by Federal Reserve, chairmen, congressional leaders and presidential administrations.

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For more than 70 years, the National Federation of Independent Business has been the Voice of Small Business, taking the message from Main Street to the halls of Congress and all 50 state legislatures. NFIB annually surveys its members on state and federal issues vital to their survival as America’s economic engine and biggest creator of jobs. NFIB’s educational mission is to remind policymakers that small businesses are not smaller versions of bigger businesses; they have very different challenges and priorities.