The National Federation of Independent Business – California, a major player in California politics, and the hands-down grassroots representative in Sacramento for small business owners, has come out strongly against Proposition 1A.
According to the NFIB-CA, In order to determine support or opposition to Proposition 1A, they balloted more than 21,000 members during the month of April. Of those who responded, the majority were in opposition to Proposition 1A. The content of the ballot was developed based on information provided by both the support and opposition committees.
They have issued this statement:
Small business owners understandably scream “May Day” when it comes to increasing taxes in an already struggling economy,” said John Kabateck, NFIB/CA executive director. “When balloted, the more than 21,000 NFIB/CA members we represent made it clear that they oppose Proposition 1A and the concept of extending the tax increase as part of the most recent budget deal. They demand that our state leaders be held accountable and bring spending in line with the revenues. As the old adage goes, ‘The first rule to getting out of a hole is to stop digging’.
During these challenging fiscal times, it is unrealistic to ask small businesses to take yet another hit by extending tax increases for another two years. Between burdensome regulations, increased taxes and the generally unfriendly business climate in California, many small businesses are barely able to keep their doors open. Our state leaders need to work towards a budget solution that empowers these job creators.
The only way California will overcome this recession, and the resulting hit to state coffers, is by small businesses leading the way in economic growth and job creation. Our leaders should focus on ways to eliminate barriers to small business growth, increase investment, and promote long-term economic success.