New law is a game-changer for Colorado’s small businesses
Colorado’s small businesses just got some long-overdue good news from Washington.
With the signing of the working families tax cut, Congress and the president have delivered a major victory to small business owners across the country, and especially here in Colorado.
Most importantly, the law makes the Small Business Deduction permanent: the most powerful and direct form of tax relief available to many small businesses. This deduction allows businesses organized as pass-throughs (like sole proprietorships, S-corporations, and partnerships) to deduct up to 20% of their income. That’s real money that can now be used to expand operations, hire employees, or upgrade equipment — instead of being sent to Washington.
We know that a permanent Small Business Deduction will promote greater opportunities here at home. Specifically in Colorado, NFIB and Ernst & Young (EY) found that making the Small Business Deduction permanent would create 26,000 new jobs each year for the first ten years. The number of jobs created every year thereafter jumps to 50,000 annually.
Congress stood up for Main Street by lowering the individual tax rates, encouraging capital investment, and making it easier for small employers to attract and retain the workers they need by offering better health care benefits.
Small businesses account for nearly half of Colorado’s private workforce. For too long, our members have had to operate under temporary tax provisions that left them unable to plan for the future. Now, thanks to the working families tax cut, they finally have the certainty and breathing room they’ve been asking for.
NFIB applauds Colorado’s members of Congress who supported this commonsense legislation. By standing with small businesses, they’ve helped secure a stronger, more resilient economy for all of us.
Michael Smith, Denver
Arctic lands need permanent protections
For our federal government, climate denialism has become the prevailing norm. If 30-plus years of scientific consensus is saying we need to redirect our current course, then the solution, as the feds see it, is to defund and delegitimize scientific research. Makes sense, right? Well, if you want to make a short-term profit, yes, it does.
In their quest to deepen America’s domestic fossil fuel reliance while raking in profits for wealthy supporters, the Trump administration has been opening up our public lands to the highest bidder. This is occurring everywhere, but it’s especially prominent in the Arctic.
America’s Arctic is one of the last places we should risk for oil and gas drilling. The Arctic National Wildlife Refuge in particular is home to the Gwich’in and Iñupiat peoples, caribou, polar bears and birds that many of us can see from our own homes during migration season.
If lease sales and exploration this fall go through, oil and gas companies will start operating in the ANWR this winter, which would cause incredible damage to our shared climate and the people and animals who live there. The Arctic is already warming much faster than the rest of the planet. If we allow this drilling, it will only get worse for wildlife, for Native communities, and for all who care about clean air and water.
People from all parts of society, whether they are scientists, veterans, faith leaders or everyday citizens, are coming together to say enough is enough. It’s time to follow the science; it’s time for everyday Americans to defend our shared natural legacy.
We all have a stake in protecting these places for the future of our families, country and planet. We must convince our members of Congress to step up and create permanent protections for these Arctic lands.
Ford Young, Thornton
Vilified for a vision
In 1960s and ’70s, according to National Institutes of Health: two to four children out of 10,000 were autistic. Currently the CDC estimates 1 in 31. Heroically, envisioning a healthier America while under a barrage of vilifying insults, RFK Jr. and NIH Director Bhattachary investigate potential causes: medicine ingredients, food additives, microplastics, synthetics and electromagnetic radiation. We need to know which common chemicals create health issues, so we can make healthier choices?
Questioning and investigating vaccine ingredients: aluminum, mercury, polysorbate 80 and formaldehyde for probably damaging our health does not degrade science. RFK Jr. is reforming the “Vaccine Injury Compensation Program” to provide better services to vaccine injured people. Are those treasonous acts? Or reasons for impeachment? If you think so, who are you defending? What sort of government do you want? Why is RFK Jr. censured for trying to improve our health? Who benefits? Does condemnation come from brainwashing? Answers might be in Aaron Siri’s book: “Vaccines Amen: The Religion of Vaccines.” “Let’s choose to love our children more than we hate each other.” (RFK Jr.)
Angela Green, Boulder
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