(MADISON) May 15, 2017: The state’s leading small business organization, the National Federation of Independent Business (NFIB), has announced it will oppose extending the sales tax to motor fuel, a key provision of the Assembly Republicans transportation/tax reform proposal.
“Small business owners understand the important need to adequately fund the state’s transportation system,” said Bill G. Smith, NFIB’s State Director. “However, extending the sales tax to motor fuel as this plan proposes, will result in Main Street businesses paying millions of dollars more at the pump to fuel their delivery trucks, service vehicles, equipment, machinery, and automobiles.”
Assembly Republicans announced the funding proposal earlier this month but according to NFIB, much work remains to be done in order for it to receive the support of the small business community.
“This is a complicated proposal that’s been described as just a starting point to fund transportation and reduce individual tax rates, but it is a discouraging start that will likely create an additional tax burden for thousands of our state’s job creators,” concluded Smith.