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Breaking News: Five Key Associations Rally Behind America’s Largest Private Employer - Pat Soldano

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Five Major Associations Join Congressional Family Business Caucus in Support of Family Businesses, America’s Largest Private Employer 

 

Associated Equipment Dealers, National Federation of Independent Business, American Farm Bureau Federation, National Restaurant Association, Air Conditioning Contractors of America are Latest to Join Caucus Aimed at Understanding the Challenges of Family Businesses 

 

The bipartisan Congressional Family Business Caucus has new five major associations joining it in support of America’s largest private employer, family businesses.

The associations are the Associated Equipment Dealers, National Federation of Independent Business, American Farm Bureau Federation, National Restaurant Association, and the Air Conditioning Contractors of America.

The Congressional Family Business Caucus , formed late last year, has held three meetings to date in the U.S. Capitol. Its core mission is to raise awareness on the importance of family businesses to the economy and to address critical issues facing family businesses, from unfair taxation to workplace development to penalizing regulations.

Family businesses are the largest private employers in the country, accounting for 83.3 million jobs, or 59 percent of the country’s private workforce, and contributes $7.7 trillion in GDP annually to the economy, according to research. 

The four co-chairs of the bipartisan Caucus are Jodey Arrington (R-TX), Rep. Brad Schneider (D-IL), Rep. Claudia Tenney (R-NY), and Rep. Henry Cuellar (D-TX)
Since its start in December 2022, the Caucus has seen an 33 Congressional members join from both sides of the political aisle sign on to the group. 

The addition of these new associations represents a strong cross-section of the U.S. family-owned business workforce, according to Pat Soldano, President, Family Enterprise USA and the Policy and Taxation Group , both bipartisan advocates for family business. Both are based here.

Associated Equipment Dealers has more than 500 dealer members and is an international trade association representing the interests of the equipment industry. It represents companies that sell, rent and service equipment used in many applications, including construction, agriculture, forestry, energy, mining, material handling and industrial production.

National Federation of Independent Business is the voice of small business, advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. 

The American Farm Bureau Federation has some 5.9 million member families, consisting of farmers, ranchers, and affiliated farm-based insurance providers. In addition, it represents 2,800 county farm bureaus.

The National Restaurant Association represents more than 40,000 members who own or operate restaurants, or some 500,000 restaurant businesses.

The Air Conditioning Contractors of America consists of 3,000 members employing 60,000 air conditioning professionals and are recognized as industry leaders.

“The addition of these major associations, representing a broad spectrum of America’s family-owned businesses, demonstrate the growing support for the mission of the Congressional Family Business Caucus ,” said Soldano. “We urge more to get involved and join the Caucus, so they understand the full scope and size of family businesses in this country, and challenges they face every day to continue growing their businesses,” she said. “Family business is big business and our leaders must understand how important they are to our economy.” 

For the current full list of Congressional Family Business Caucus members go to: https://familyenterpriseusa.com/family-business-caucus/

 

We hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…

As we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a member.

The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That’s why Family Enterprise USA is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates , possible elimination of valuation discounts, increase in capital gains tax , enactment of a wealth tax , and the continued burden of the gift tax , estate tax and generation skipping tax .


Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC.  Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.


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Family Enterprise USA is the organization that represents all family businesses on a national level in DC; it is not unique to any industry. Family Enterprise USA is different from other organizations because it represents and advocates for the families of family businesses and the issues, they face running their businesses every day. Our sole mission and purpose is to promote family businesses and their job growth in America. We also support the work of Family Business Centers across the country. We hope your family will choose to be a member of Family Enterprise USA.