Louisville Mayor Jerry Abramson convened a meeting today of some small business leaders in the city to generate ideas for the federal government on how to create jobs.
About twenty small business leaders attended the meeting to share ideas about job growth in the U.S. Denise Spalding with Allegra Print and Imaging says there seemed to be consensus in the room that they need some assurances from Washington.
“All of the leaders in this room spoke up and said they are willing to spend money and take risks if they knew what was going to happen from the federal government,” says Spalding, “and I think that big question mark, or that big unknown, is tax rates and the health care reform.”
Spalding says she doesn’t want tax incentives for hiring, but thinks tax cuts for small businesses would create more money for hiring.
Jimmy Kirchdorfer of ISCO Industries says few people understand that many small businesses are taxed in the same way as wealthy individuals.
“So when they talk about increasing taxes on individuals – the wealthiest individuals – that’s really increasing taxes on businesses,” says Kirchdorfer, “and I think this administration has vilified businesses and they need to be more business-friendly.”
The recommendations will be delivered to the White House.