MN Small Businesses Not Sold on Tax Bill, Trump Immigration Plan

For Immediate Release
January 31, 2018
Contact: Corinne Horowitz
612-232-1655, corinne@mainsteetalliance.org

 

MINNEAPOLIS, MN -- Following last night’s State of the Union, Minnesota business owners took to Twitter to voice concerns about the ramifications for Main Street of the GOP’s new tax law and the most recent attack on immigrants.

“Any minuscule amount that this tax bill will save me I’ll also lose because this tax bill will no longer allow me to write off my state and local taxes,” said Todd Mikkelson, owner of Sprayrack in Orono, MN. “Also, in my business, shipping is our largest expense. And it’s been going up by the thousands for the last five or six years. I’d much rather have any minuscule amount that this tax bill will save me go into the kitty to fix our infrastructure.”

“It was clear during the State of the Union that President Trump views his tax bill as a big win. It’s clear to me the only ones who are winning in 2018 and for years to come are the big corporations, millionaires and billionaires, who will see a huge tax cut at the expense of average people and small business,” said Davis Senseman, owner of Davis Law Office in Minneapolis, MN.

“I don’t believe that this type of tax reform is good for my small business.The health of my business depends on the health and stability of my employees and their families. Many of them have seen a negative impact as a result of the tax bill,” said Lee Wallace, CEO of Peace Coffee in Minneapolis, MN.

“While Trump‘s tax plan may benefit me as a small business owner, any savings I might see are more than going to be wiped out in increases in healthcare coverage for my family and my employees,” said Kevin Brown, owner of Smart Set Incorporated in Minneapolis, MN. “We heard a lot from Trump about how we’re all going to get great health care at reduced prices, a promise that was broken. How can I expect to believe any of the promises he told us tonight?”

“I’m worried about my employees, i’m worried about community,” said Eric Foster, Ward Six Food and Drink in St. Paul, Minnesota. “People are afraid of losing their healthcare, people are afraid of having loved ones dragged away. The tax breaks are mostly weighted to the rich, and big corporations are not helping me, my customers, my employees, or my community.”

Minnesota business owners are available for interview. Contact Corinne Horowitz, corinne@mainstreetalliance.org.

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  • commented 2018-02-23 18:24:49 -0800
    I wonder how many small business owners Trump actually talked to before he put this into place. He talks about entrepreneurs being the backbone of the economy but I’m not 100% sold on it as I own http://www.raleighteethwhitening.com and I still haven’t seen much change but I’m optimistic and hopeful though.

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