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NFIB urges 'do no harm' approach to Michigan policy, warns energy and labor rules could raise small-business costs
Summary
Amanda Fisher of the National Federation of Independent Business told the Michigan House Committee on Economic Competitiveness that policy uncertainty, energy mandates and new labor and health mandates are raising costs and complicating hiring for small employers. Committee approved minutes and excused absences by unanimous consent.
Amanda Fisher, a representative of the National Federation of Independent Business (NFIB), told the Michigan House Committee on Economic Competitiveness on an hour-long panel that state policy makers should adopt a “do no harm” approach when considering new taxes, regulations or labor mandates for small businesses.
Fisher told the committee that NFIB represents roughly 11,350 members in Michigan and about 300,000 nationwide and that 81% of Michigan small businesses are organized as pass-through entities. She said small-business income is frequently embedded in individual tax filings and cited a 2016 Anderson Economic Group analysis NFIB commissioned that found “around 843,000,000” in business taxes paid by small firms in that year.
The testimony laid out NFIB…
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