ATLANTA, Oct. 3, 2016 /PRNewswire-USNewswire/ -- Today, the Job Creators Network (JCN) announced it is hosting a Bring Small Businesses Back event in Highland Park, IL on Wednesday October 5th at 2:30pm. The event features Illinois Governor Bruce Rauner and JCN President and CEO Alfredo Ortiz discussing the threats that small business owners face.
The Governor and Ortiz will meet with local construction and design entrepreneurs Louis Silver and Greg Wozniak. The Governor will tour the Studio 41 Design Showroom at 3160 Skokie Valley Rd, Highland Park, IL 60035 and speak with employees and other local small business people.
Silver and Wozniak are great examples of how small business is the backbone of the American economy. Silver's company, Logan Square Aluminum Supply, Inc., operates Studio 41 and several other construction supply businesses. His third generation company was founded more than 50 years ago by his father Issac Silver, a native of Poland who immigrated to the US from Israel. Wozniak, who immigrated from Poland in 1989, started both Glenview Doors, and homebuilding company GlobEx Developments. Together, Silver and Wozniak provide jobs for more than 600 people.
The event is part of JCN's Bring Small Businesses Back campaign which consists of a nationwide bus tour to hear the challenges that real local small businesses are facing.
"Gov. Bruce Rauner is committed to removing the regulatory obstacles that get in the way of small businesses," said Alfredo Ortiz, president and CEO of the Job Creators Network. "With his leadership in Illinois we can bring small businesses back and restore the economy."
The event will focus on finding solutions to the problems most commonly cited by small business owners: overregulation, overtaxation, and lack of access to credit. With small businesses in Illinois making up 98 percent of all employers in the state, it is vital for their concerns to be heard.
In a nationwide poll of small businesses commissioned by JCN earlier this year, two-thirds of respondents identified overtaxation as preventing their businesses from thriving. Three-fifths said the same about overregulation. As a result, the survey also found that only one in five small business owners plan to hire additional employees over the next year, and only around one-quarter believe that doing business over the next year will be easier than the previous one.
To address the overtaxation hurdle, Rep. Randy Hultgren's (R-IL) recently announced Bring Small Businesses Back Tax Reform Act (H.R. 5374), which would reduce the tax burden on the nation's small business job creators, which make up half of the nation's jobs and two-thirds of its new jobs.
The proposed legislation would lower the tax rate on pass-through businesses' first $150,000 worth of income to 10 percent. And it would lower the rate on income between $150,000 and $1 million to 20 percent.
Read the full text of the Bring Small Businesses Back Tax Reform Act here. Read the white paper JCN released earlier this year assessing the state of American small businesses here. Find out more information about the campaign at DefendMainStreet.com.
The Job Creators Network (JCN) is the voice of real job creators that has been missing from the debate on jobs and our economic crisis. JCN members talk about paychecks, not politics, helping the public and policymakers understand how to create jobs. For more information, please visit www.JobCreatorsNetwork.com.
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SOURCE Job Creators Network (JCN)