Bush in the White House is good for small business, says NFIB chief

The reelection of George Bush as president of United States has been welcomed by one of the leading U.S. organizations for small businesses.

“This victory is a prelude to permanent tax relief, as well as certainty and consistency in the tax code, for long-term planning and growth,” declared Jack Faris, president of the National Federation of Independent Businesses, which has some 600,000 members throughout the United States.

According to Faris’ Nov. 3 statement, small-business owners nationwide are “looking forward to the prospects of Bush’s second term in office,” because he supported a number of small-business issues during his first term, including Small Business Health Plans (also known as AHPs), permanent tax relief, and tort reform. In his Nov. 3 victory speech, Bush specifically pledged again to “reform our outdated tax code.”

During the campaign, NFIB conducted its most massive voter education and turnout efforts to date, educating its members on small-business-friendly candidates on the federal and state levels. While it didn’t endorse a presidential candidate, it did compile an issue comparison for NFIB members, based on Bush’s and Kerry’s public records on critical small-business issues. In response, 95% of NFIB members indicated that they planned to support Bush, while 4% supported Kerry and 1% were undecided.