Next Caucus Meeting Set for September 23 with Focus on Taxing Wealth, Assets, and Savings
— The bipartisan Congressional Family Business Caucus saw three new House Members join its mission to support and advocate for America’s family-owned businesses.
The three new Members of Congress are Rep. Kim Young (R-CA), Rep. John McGuire (R-VA), and Rep. Rick Allen (R-GA). The total number of House Members signed on to the Caucus now totals 47, with 28 Republicans and 19 Democrats.
The Congressional Family Business Caucus is led by Co-Chairs Rep. Lou Correa (D-CA) and Rep. Claudia Tenney (R-NY).
The most recent Caucus was held June 9 in the historic old House Members’ dining room and saw in attendance Rep. Rich McCormick (R-GA), Rep. John McGuire (R-VA), Rep. Lou Correa (D-CA), and Rep. Kevin Hern (R-OK).
The meeting’s theme was “Fuel for Growth: Capital Solutions for Family Businesses” and dealt with key financial issues facing family businesses, including long-term capital strategies and access to capital for growth.
The next Caucus meeting will be held on September 23 on Capitol Hill with the focus on taxing wealth and assets, and the changing rules of success.
“We welcome our newest members, Representatives Young, McGuire, and Allen, to the bipartisan Congressional Family Business Caucus,” said Pat Soldano, President, Family Enterprise USA. “The Caucus is an important forum for our lawmakers to learn about and understand the unique challenges America’s family-owned businesses face in this challenging economy,” she said. “These Members of Congress understand what a powerful economic engine family-owned businesses are for our country, and they are helping us keep them strong and growing.”
America’s family businesses are the largest private employers in the country, accounting for 83.3 million jobs in some 32 million family businesses across the country, according to research. These businesses contribute $7.7 trillion annually to U.S. gross domestic product.
About Family Enterprise USA
Family Enterprise USA promotes family-owned business creation, growth, viability, and sustainability through education and advocacy for family-owned businesses and hardworking families, with Congress in Washington, D.C. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions, and industries of family-owned businesses and multi-generational employers. It is a bipartisan 501.c3 organization.
Contact Info:
Name: Bob Chew
Email: Send Email
Organization: Family Enterprise USA and Family Enterprise USA Action
Address: 712 H Street NE Suite 1330, Washington DC, United States
Phone: 310-383-0528
Website: https://familyenterpriseusa.com/
Video URL: https://www.youtube.com/watch?v=HBV5HEsFKss
Release ID: 89196562
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