“Today’s joint proposal by the White House and the Department of Treasury announcing recommendations for business tax reform must be called what it truly is, corporate tax reform exclusive to major corporations and large employers," said NASE President and CEO Kristie L. Arslan. "Over and over again, we have continued to see the lack of understanding of the impact of current tax policy on the self-employed and micro-business community. While NASE supports broad tax reform, the President’s plan does not have the same bold vision for the self-employed which pay taxes at individual income tax rates. Sadly, 78% of U.S. businesses will continue to face a negative tax environment and constraints on their ability to grow and thrive in today’s tough economy unless the Administration and Congress start focusing on Main Street America.”
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Courtesy of NASE.org https://www.nase.org/about-us/media-relations/PressReleases/2012/02/22/NASE_Statement_On_President_Obama_s_Corporate_Tax_Reform_Plan