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NASE LAUDS TAX RELIEF BILL
FOR IMMEDIATE RELEASE
Thursday, March 21, 2013
CONTACT: Kristofer Eisenla, Luna Eisenla Media
kristofer@eisenlamedia.com | 202-670-5747 (mobile)
NASE LAUDS TAX RELIEF BILL
Modest Deduction Could Impact Millions of Small Businesses
WASHINGTON – The National Association for the Self-Employed (NASE), the nation’s leading resource for the self-employed and micro-businesses, today applauded the introduction of H.R. 886, the America’s Small Business Tax Relief Act of 2013. Introduced by U.S. Reps. Jim Gerlach (R-PA) and Ron Kind (D-WI), the NASE supports this legislation that provides for a permanent deduction for several key small-business tax deductions, including the health insurance deduction for the self-employed, which is one of NASE’s signature legislative priorities.
“As millions of self-employed small businesses struggle to make their bottom-line, small but significant changes like those proposed in the Gerlach/Kind legislation to the tax code can ensure that America’s small businesses are treated equitably and fairly ,” said Katie Vlietstra, NASE Director of Government Affairs. “The ability for the self-employed to deduct their health insurance premiums will immediately pump millions of dollars back into the economy, essentially causing a micro-stimulus that will result in business growth for America’s self-employed, 78% of all small businesses.
Since the passage of the Small Business Jobs Act of 2010, which included a one-year self-employment tax deduction for health insurance costs of sole proprietors, the NASE has aggressively advocated for making the provision permanent in both the House and Senate.
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The National Association for the Self-Employed (NASE) is the nation's leading resource for the self-employed and micro-businesses, bringing a broad range of benefits to help entrepreneurs succeed and to drive the continued growth of this vital segment of the American economy. The NASE is a 501(c) (6) nonprofit organization and provides big-business advantages to hundreds of thousands of micro-businesses across the United States. For more information, visit the association's website at NASE.org