I'm a small-business owner. I don't need a tax cut.
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Pew Research recently released a poll that shows most Americans agree with what I’ve always believed as a small business owner — large, multinational corporations don’t pay enough in taxes. Sixty-two percent said they’re bothered “a lot” by the feeling that some corporations don’t pay their fair share. 

For more than 30 years, I’ve owned and operated Hel’s Kitchen Catering in Northbrook, Ill. It’s a successful company, but we can’t even come close to competing on the bottom line with big businesses that pay armies of high-priced accountants and tax attorneys to park their profits overseas and dodge taxes, approximately $135 billion a year, through offshore loopholes.

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Tax revenue is a critical component of maintaining a strong economy. I’m happy to pay my fair share of taxes because it means that money is circulating in my local economy, increasing consumer demand and my customer base. I don’t need tax cuts for my business to grow; I need more customers who can afford to hire a caterer. 

 

So why do corporate goliaths get to reap the benefits of what taxes pay for — including using our roads and bridges, recruiting from our schools and universities and operating under our laws in a society protected by our military — without paying for it like the rest of us? That leaves small business owners like me — and other average taxpayers — stuck with their $135 billion tab.

President Trump and the Republican Party are eyeing tax reform next on the agenda, and that is not inherently a bad thing. But a great deal of what they’re proposing entails even bigger tax breaks to big businesses and the top earners in the country. Even though they paint their plans as beneficial for small business owners like me, the truth is that we would barely see a dime compared to the windfall reaped by the wealthiest members of our society.  

So, in light of Tax Day recently passing, I’m making a small business appeal to our lawmakers: If the GOP is serious about helping small business, don’t cut the corporate tax rate from 35 percent to 10 or 15 percent, as President Trump proposes. Small business and average taxpayers need those tax dollars working with our tax dollars.

If you want true tax reform, don’t maintain the status quo on deferrals, the biggest overseas tax loophole. End deferrals now and close offshore loopholes, ensuring that all corporations, regardless of their size, pay their fair share, the way millions of their fellow Americans and small businesses do each and every year.

 

David Borris is the owner of Hel’s Kitchen Catering in Northbrook, Ill. He's on the Main Street Alliance Executive Committee. The Main Street Alliance works to provide small businesses a voice on the most pressing public policy issues across the nation.


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