Self Made: NASE's Blog

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Welcome to the Self Made. This is a blog focused primarily on the self-employed and micro-business and full of fantastic posts by not only our team of experts but by YOU!  We realize that there are many ways to help the small businesses out there which is why we invite other business minded individuals to post here and help the rest of the community as well.

Statement: One-Year Tax Extension Continues Short-Sighted Policy

Jul 11, 2012

President Barack Obama announced he will support a 1-year tax cut extension for earners making $250,000 or less, Kristie Arslan, President and CEO of the National Association for the Self-Employed (NASE) reacted today with weariness over one more temporary fix in the tax code:

“The symbolic approach to leveling the tax playing field for millions of small businesses across the country is appreciated, yet this solution cannot be applied piecemeal to the tax code. Self-employed business owners contribute nearly a trillion dollars to our economy and they need a more permanent solution. Temporary tax provisions do nothing but make for difficult tax planning. Additionally, while we support the idea of the tax cut, we believe that moving the threshold to $1 million would better account for the profits and revenues of the nation’s micro-businesses (10 or fewer employees) and self-employed.  We will continue to work with lawmakers on both sides of the aisle to press for comprehensive tax reform that addresses the inequalities of the tax code for the self-employed.”

The opinions expressed in our published works are those of the author(s) and do not necessarily reflect the opinions of the National Association for the Self-Employed or its members.

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