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Posts Tagged ‘National Federation of Independent Business’

Sexual Harassment, #MeToo Small Business Workplace Webinar

November 6th, 2018 Comments off

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Sexual harassment and the #MeToo movement have received lots of news coverage of late,” says the National Federation of Independent Business (NFIB).

 

While most of the headlines focus on big-name companies, illegal harassment occurs in businesses of all sizes,” said their statement to the Daily Business News on MHProNews. “Small businesses who ignore the risks associated with not preventing and stopping discrimination, including sexual harassment, in the workplace, risk financial and reputational devastation.”

The NFIB – with Juanita Duggan as their president – is for SMBs (small- to mid-sized businesses.)  Hundreds of manufactured housing firms, per our sources at NFIB, are members of that association.

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This webinar will talk about the perils of ignoring harassment in the workplace and offer simple steps employers can take to protect employees in businesses of all sizes.

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From NFIB President Juanita Duggan

For those who are standing in line, to vote – or have friends that still need to vote, please check out:

 http://www.nfib.com/advocacy/elections/

ChipKovachNFIBBusiestWeEverHaveDailyBusinessNEwsMHProNewsNotice that they have favored a very similar pattern that MHProNews has advocated.

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NFIB has advocated the same pro-growth agenda that President Donald J. Trump and Vice President Mike Pence have.

Eric Trump on 1430 AM said, if “people get out and vote, we will win.” Vote wisely. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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Record Shattered on SBO, Yields Growth, Profits, More Says Juanita Duggan’s Group

September 26th, 2018 Comments off

RecordShatteredOnSmallBusinessOptimismSBOYieldsGrowthProfitsJobsMoreJuanitaDugganNFIBGroup

Today’s groundbreaking numbers are demonstrative of what I’m hearing everyday from small business owners – that business is booming. As the tax and regulatory landscape changed, so did small business expectations and plans,” said National Federation of Independent Business (NFIB) President and CEO Juanita D. Duggan. “We’re now seeing the tangible results of those plans as small businesses report historically high, some record breaking, levels of increased sales, investment, earnings, and hiring.”

 

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The details came in a series of statements to the Daily Business News on MHProNews.  As long-time readers may recall, NFIB has hundreds of members in manufactured housing, but they have a total membership of some 325,000.  They’re a serious force in Washington, D.C., and have had the President of the United States (POTUS) Donald J. Trump, and Vice President Mike Pence personally address their trade group.

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A net 10 percent of all owners (seasonally adjusted) reported higher nominal sales in the past three months compared to the prior three months, up two points, stated the NFIB. They said that August is the ninth consecutive strong month of reported sales gains after years of low or negative numbers.

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The net percent of owners planning to build inventories rose six points to a record net 10 percent, the 14th positive reading in the past 22 months.

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NFIB Chief Economist Bill Dunkelberg, credit, Review Journal.

The frequency of reports of positive profit trends rose two points to a net one percent reporting quarter on quarter profit improvements, the second highest reading in the NFIB survey’s 45-year history.

At the beginning of this historic run, Index gains were dominated by expectations: good time to expand, expected real sales, inventory satisfaction, expected credit conditions, and expected business conditions,” said NFIB Chief Economist Bill Dunkelberg. Now the Index is dominated by real business activity that makes GDP grow: job creation plans, job openings, strong capital spending plans, record inventory investment plans, and earnings. Small business is clearly helping to drive that four percent growth in the domestic economy.”

As reported in their recent NFIB’s monthly jobs report, a seasonally adjusted net 26 percent of owners plan to create new jobs.  38 percent of owners reported job openings they could not fill in the current period, both survey highs.

 

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Sixty-two percent of owners reported trying to hire, with 89 percent of those owners reporting few or no qualified applications for their open positions.

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A record 25 percent of owners cited the difficulty of finding qualified workers as their Single Most Important Business Problem, up two points from last month.  That’s this morning’s “News through the lens of manufactured homes, and factory-built housing © where “We Provide, You Decide.” © ##  (News, analysis, and commentary.)

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Act Now to Make Tax Cuts for Small Business Permeant

June 21st, 2018 Comments off

 

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Congress will soon consider permanently extending certain provisions of the “Tax Cuts and Jobs Act.”  Said the National Federation of Independent Businesses (NFIB) in a media release to the Daily Business News.

According to a recent NFIB member ballot, “over 90 percent of small business owners support permanently extending the expiring provisions of the Tax Cuts and Jobs Act.”

Removing the December 31, 2025 sunset date for small business provisions of the Tax Cuts and Jobs Act will provide long-term certainty and allow business owners to continue to expand and grow the economy,” the NFIB said.

You can contact your legislators right now via an email system that the 325,000 member strong NFIB offers, to tell Congress to permanently extend the small business provisions of the law.

Given that several Democrats are pledging to reverse the tax cuts, if they retake the House and Senate, the time to act is now. The link to use to contact your congressman and senators is found here. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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NFIB CEO Junita Duggan – “Small Businesses Must Get a Tax Cut”

October 5th, 2017 Comments off

NFIBUnlockingStrongEconomyForSmallBusinessWithTaxReformJuanitaDugganDailyBusinessNewsMHProNewsTax reform is NFIB’s biggest priority, and we’re working hard to ensure that every small business gets a substantial tax cut,” said Junita Duggan, President and CEO of the National Federation of Independent Business (NFIB).

Last week, Congress and the White House unveiled their framework for tax reform. This is the beginning of a long process, but you can be sure that NFIB will be there to represent your [NFIB member] interests every step of the way,” Duggan said in a statement to the Daily Business News (DBN) on MHProNews.

As the DBN has recently reported, there are numerous indicators that economic growth under the Trump Administration is accelerating.

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Juanita Duggan. Credit: NFIB.

But experts say that there are also potential storm clouds to face if tax reform isn’t accomplished.

So, Duggan’s point is a timely one, echoed by many who share the free market side of economic thought.

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The last time Congress reformed the tax code was 1986,” Duggan stated, adding. “I worked for President Ronald Reagan at the time, and I had a front-row seat to one of the most important policy reforms in history. Very few people outside of the Oval Office believed that tax reform was possible. Then, as now, there were myriad interest groups all seeking to preserve or secure special favors in the tax code. The President knew that the best way to unleash the economy was to simplify the tax code, bring down rates, and allow individuals and businesses to decide how best to invest their money.

Sources at NFIB tell MHProNews that hundreds of manufactured home companies are members of their organization, and that these tax reforms will be useful to them.

 

That [Reagan] tax reform led to the creation of 20 million new jobs, something we haven’t seen since,” NFIB’s president said.

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NFIB has been deeply engaged with the Trump Administration on tax reform, as a previous report on VP Mike Pence addressing NFIB’s small business owners reflected.

President Reagan and congressional leaders got it right then,” Duggan explained. “That was 31 years ago. Since then the tax code has become a tangled mess, with more than 70,000 pages, higher rates, and countless special provisions. We may not have another chance to fix the tax code for a long time, so we must get it right this time.”

NFIB is educating policymakers, journalists, and the public on how small businesses work,” Duggan told MHProNews, adding, “…The next few weeks are crucial. We’ll be working closely with Congress and the White House to ensure that tax reform starts with small business. They create half the jobs and half the GDP. Ninety-nine percent of all U.S. businesses are small businesses, and three quarters of them file as individuals, not as corporations.”

If the purpose of tax reform is to boost the economy, then it must focus on small business—the engine of the economy.” Duggan invited professionals to “help your own cause by visiting our take action page to contact your legislator.” ## (News, analysis.)

Note: Related article about Steve Forbes on Tax Reform, linked here.

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Spotlight-National Federation of Independent Business (NFIB), Manufactured Housing, Tax Reform

September 28th, 2017 Comments off

NFIBTaxReformNationalFederationIndependentBusinessDailyBusinessNewsMHProNewsSources with the National Federation of Independent Business (NFIB) tell MHProNews that they have about the same number of manufactured housing industry members as the Manufactured Housing Institute (MHI) does.

All told, the NFIB has some 325,000 member companies.  That’s about 1,000 times the size of MHI.

A now retired manufactured housing industry state association executive told the Daily Business News (DBN) on MHProNews that he “partnered” with NFIB successfully on several issues in his market.

As the industry’s professionals seek association-level national leadership voices that could provide a sound alternative to MHI, it’s good to get a feel for how large and impactful the NFIB is, what their position is on an issue such as tax and regulatory reform, and how professional they are compared to MHI.

The DBN has reported on NFIB for several years across a spectrum of issues.

The bottom lines are that they are pro-small business, promote less federal regulation, work for lower rates and a simpler tax code, and support many other issues that will often appeal to the small-to-mid sized manufactured housing operation.

 

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A recent report on NFIB is linked here, or by clicking the graphic above. ## (News, analysis.)

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Trump Tax Reform Plan Made Simple in 52 Second Video, What’s in it for You?

August 10th, 2017 Comments off
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Tax squeeze graphic credit, Thomson Reuters, shown under fair use guidelines.

It’s anyone’s guess if voter ire and feedback during the August recess will help the GOP controlled Congress bridge their own internal gaps on pending promises, such as tax reform.

But it may motivate professionals who vote if they better understood what was in the desired Trump plan.

The video on this page breaks it down in simple visual bites.  The Daily Business News’ recent report on the National Federation of Independent Business (NFIB) position on this issue, is linked here.

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It is worth mentioning that both Democratic President Kennedy and Republican President Ronald Reagan did tax reform that resulted in lower rates, which boosted the economy and rapidly lead to more revenue for the federal government.


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VP Mike Pence, NFIB President Juanita Duggan, on Small Business Issues

August 1st, 2017 Comments off

VPMikePenceNFIBPresidentJunaittaDugganSmallBusinessConfidencePresident Trump probably said it best when he said that small businesses in his words, embody the American pioneering spirit and remind us that determination can turn aspiration into achievement every single day,” Vice President Mike Pence said in a speech to the National Federation of Independent Business (NFIB).

Since President Trump was elected back in November, there has been a lot of positive improvements in the economy – especially on the small businesses front.  Regulatory rollbacks are making a difference, as this previous report reflects.

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As long time, careful Daily Business News readers know, the NFIB reports as many – or more – members from manufactured housing as MHI does.  All told, NFIB has some 325,000 members – more than the estimated total number of full time equivalents (FTEs) working in the manufactured housing industry. To see the previous report, click the graphic above. NFIB = credit.

According to VP Pence’s speech, “Since Inauguration Day I’m pleased to report businesses like those gathered here today have created more than 850,000, new, good-paying jobs all across America.”  It was one of several applause lines reported by the White House to MHProNews.

But will the growth continue if the Trump Administration’s promises of health care and tax reforms are not met before the end of the year?

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Jack Mozloom, image credit is as shown.

Small-business owners are deeply disappointed,” Jack Mozloom, a spokesman for the NFIB, said. “The high cost of health care has been the No. 1 concern for small business owners for more than three decades.”

Without Passing Legislation, Will Confidence Fade?

Job growth appears to be slowing down, says Reuters. While it could be just a small seasonal downturn, it could may be partially due to Congress neglecting to pass any bills on the major issues of healthcare and taxes already.

The NFIB recently released a report which found that the “small business optimism” index is down to 103.6, from May’s 104.5.

Some, like Juanita Duggan and Bill Dunkelberg, believe the drop is likely because small business owners are slowly losing faith in Congress to make any real improvement in the near future.

As Washington fails to deliver on those two priorities small-business optimism is dropping,” said Juanita Duggan, President and CEO of the NFIB. “Gridlock is driving down small-business optimism, which will eventually drive down the economy.”

The number of businesses planning to hire new employees dropped 3 percentage points from May to June. However, the current 15 percent is still higher than has been seen in years.  Hitting 18 percent in May was the highest expected hire rate among small businesses since 2006.

Hiring activity remains strong by historical standards, but the drop in June was unmistakable,” said Bill Dunkelberg, NFIB’s chief economist. “Whether this is the start of a negative trend or a one-month blip is something we’ll have to keep an eye on.”

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Bill Dunkelberg, NFIB’s chief economist. Photo credit as shown.

High tax rates and the Obamacare health care mandates are all things that hinder small businesses ability to thrive, says the NFIB, and both are issues small business owners have been fighting to reform for decades.

If Congress wants small businesses to invest in the economy, then they must cut taxes and simplify the code,” said Duggan.

Promises of Big Things to Come for Health Care and Taxes

During his speech to the NFIB, Pence heralded good news and more promises of health care reform, with a repeal and replace of ObamaCare, and “one of the largest tax cuts in American history”.

I don’t have to tell small-business owners that the Americans’ tax code is one of the biggest barriers to success for working families and small businesses like all of you.” the White House press office told MHProNews that Vice President Pence said later in the speech.

This all comes only days after the Senate voted against a bill that would have repealed key parts of Obamacare that millions of Trump and GOP voters are unhappy with.  President Donald J. Trump has signaled they aren’t giving up.  Per the speech, neither is the vice president.

But I truly do believe that the strength of America also lies in the courage and in the hearts of men and women who get up every day, put their feet on the floor, and make a small business work. (Applause) And so I want to encourage you on.  Let your voice be heard, but also have faith.” 

Pence urged small business people to pray and work to sustain what they’d already accomplished together, “we’ve begun to see in the recovery of the American spirit and the rebound of the American economy is really just the beginning.  And under President Donald Trump, with your help, I know the best days for America and for American small business are yet to come.”

The full text of his speech, per the White House, is linked here. # #

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JuliaGranowiczManufacturedHomeLivingNewsMHProNews-comSubmitted by Julia Granowicz for Daily Business News on MHProNews.

 

 

 

 

 

 

NFIB Sounds off to Washington on Tax Reform

May 23rd, 2017 Comments off
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Credit: NFIB.

The National Federation of Independent Business (NFIB) tells MHProNews that in a meeting last week, the organization told House Ways and Means Committee Chairman Kevin Brady (R-TX) that small business owners expect comprehensive tax reform this year and that it must feature parity for businesses of every size.

Tax reform has the potential to have an enormously positive impact on small businesses; it is their top priority in 2017,” said NFIB President and CEO Juanita Duggan.

Given that small businesses account for nearly half of the gross domestic product (GDP) and private sector workforce, and create two out of every three net new jobs, the U.S. economy will not reach its full potential for growth without a robust and flourishing small business sector.”

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Juanita Duggan, President and CEO of the National Federation of Independent Business (credit, NFIB).

As Daily Business News readers are aware, the NFIB has been very vocal about small business taxes, stressing the importance to the American economy.

Tax reform that starts with small business is one of the keys to unleashing a strong American economy. Approximately 75 percent of small business owners are taxed at the individual tax rate, not the corporate tax rate, because their businesses are structured as pass-through entities,” said the NFIB in an April statement.

Tax discrepancies between corporate and individual rates must be addressed in this once-in-a-generation window of opportunity. There is tremendous optimism for this new Congress to repair and simplify a tax code that is holding back our small business economy.

Duggan made that clear to the committee.

To be clear, tax reform should result in a tax code that is easier to comply with, ensures that small businesses have rate parity with their larger competitors, and reduces tax rates for all small businesses. No small business should pay a higher tax rate than they do currently, and small businesses should not face a higher tax rate than large corporations, which would put them at a competitive disadvantage,” said Duggan.

Fortunately, the House Republican tax reform blueprint and the tax reform plan outlined by President Trump take important steps forward toward these goals, and we remain confident that Congress and the Administration will unite behind a tax reform proposal that starts with small business.”

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Credit, NFIB.

She also pointed out that small business owners have high expectations for tax reform this year, and that Congress’s failure to deliver could affect the economy.

In April, the Small Business Optimism Index fell to 104.5, as ‘expected business conditions’ dropped significantly. The Committee and Congress must understand that small business owners are paying close attention, and they are making decisions that affect the economy based on how Washington performs. The time to address small business owners’ biggest economic concerns is now,” said Duggan.

Duggan and the NFIB were very vocal and active leading up to, and after the election of President Trump, including a March report about small business optimism being at it’s highest rate in 37 years.

We haven’t seen numbers like this in a long time,” said Duggan at the time.

Small business is ready for a breakout, and that can only mean very good things for the U.S. economy. Business owners are feeling better about taking risks and making investments.

The Daily Business News will continue to follow and report on the progress of tax reform. For more from the NIFB on small business, click here. ##

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RC Williams, MHProNews.

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NFIB Provides Vital Small Business Guide

April 3rd, 2017 Comments off
NFIBProvidesVitalSmallBusinessGuidecreditNFIB1-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: NFIB.

The National Federation of Independent Business (NFIB) is out with its 2017 Small Business Tax Guide.

The free publication helps small business owners to identify what’s new for the 2016 tax year, and outlines some of the reforms that the organization expects to see over the next few months as President Donald Trump works to move his tax reform plans forward.

Tax reform that starts with small business is one of the keys to unleashing a strong American economy. Approximately 75 percent of small business owners are taxed at the individual tax rate, not the corporate tax rate, because their businesses are structured as pass-through entities,” said the NFIB in a statement.

Tax discrepancies between corporate and individual rates must be addressed in this once-in-a-generation window of opportunity. There is tremendous optimism for this new Congress to repair and simplify a tax code that is holding back our small business economy.

Each year, small business owners cite taxes as one of their top issues, due to ever changing rules and punitive rates.

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Credit: NFIB.

We are very active on tax reform, one of our key priorities for 2017. President Trump and Congressional leadership agree that taxes are far too high for both pass-through businesses and C corporations. The tax code strongly favors large corporations. NFIB believes that no small business should be paying a higher tax rate than Exxon Mobil,” said NFIB CEO Juanita Duggan.

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Juanita Duggan. Credit: NFIB.

I have made it clear to Congress and the President’s team that tax reform starts with small business. Small business employs 58 million Americans and creates more than half of all jobs. If the purpose of tax reform is to grow the economy and create jobs, then it must focus on small business.

Duggan and the NFIB have been vocal and active leading up to, and after the election of President Trump, including a report last month about small business optimism being at it’s highest rate in 37 years.

We haven’t seen numbers like this in a long time,” said Duggan. “Small business is ready for a breakout, and that can only mean very good things for the U.S. economy. Business owners are feeling better about taking risks and making investments.

The NFIB 2017 Small Business Tax Guide is available here.

The small business optimism report is linked here.

For more from the NIFB on small business, click here. ##

 

(Image credits are as shown above.)

 

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

Court Puts Overtime Rule on Hold

November 30th, 2016 Comments off
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Credit: Fox6Now.

U.S. District Court East Texas Judge Amos Mazzant blocked a new rule last week that would have made millions of American workers eligible for overtime pay, and that will be seen as relief for potentially thousands of manufactured and modular housing connected companies, and other businesses too.

A preliminary injunction preserves the status quo while the court determines the department’s authority to make the final rule as well as the final rule’s validity,” said Mazzant.

The ruling grants a preliminary injunction, pushing back an effective date of December 1st for the rule, while Judge Mazzant reviews the challenge to the requirement.

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Judge Amos Mazzant. Credit: Wikipedia.

Twenty-one states challenged the overtime expansion rule that would double the threshold at which executive, administrative and professional employees are exempt from overtime to $47,476 from $23,660.

According to USA Today, the states argue that Congress never intended to set any salary threshold for the exemptions or to allow the threshold to be raised every three years, as the Labor Department’s rule specifies.

This is a victory for small business owners and should give them some breathing room until the case can be properly adjudicated,” said Juanita Duggan, CEO of the National Federation of Independent Business. The federation is challenging the requirement in a separate action.

Credit: IMHA-RVIC.

Credit: IMHA-RVIC.

The Indiana Manufactured Housing Association (IMHA) were among the associations that alerted the industry of the action back in May, saying, in part, “This is a reminder that all employers will have to comply with the changes made to the overtime regulations of the Fair Labor Standards Act by December 1st, 2016.

A variety of trade groups, including manufactured housing, was part of the suit that brought about this court ruling.

Unfortunately, for the time being, workers will continue to work longer hours for less pay thanks to this obstructionist litigation,” Christine Owens, head of the National Employment Law Project, which is a worker advocacy group.

Department of Labor officials and worker advocacy groups said the rule would help ensure managers and administrative employees are fairly paid for the extra hours they log and narrow a growing divide between wealthy and low- to middle income households. ##

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.