President Barack Obama met with 15 small business owners to discuss the impact of tax policies, Tuesday, November 27. Four of the participants are affiliated with the American Sustainable Business Council and partner organization Business for Shared Prosperity: Mandy Cabot, CEO and co-founder of Dansko Inc, an award-winning footwear company headquartered in West Grove, Penn.; Lew Prince, managing partner and co-founder of Vintage Vinyl in St. Louis, the largest independent music store in the Midwest; David Bolotsky, CEO and founder of the award-winning UnCommonGoods in Brooklyn NY; Nikhil Arora, co-founder of Back to the Roots, an urban mushroom farm in Oakland, Calif., recognized in Forbes 30 Under 30, BusinessWeek’s Top 25 Entrepreneurs Under 25 and CNN’s 10 Next Gen Entrepreneurs.
Cabot, Prince, Bolotsky and Arora are among more than 600 business owners and executives who signed a letter sent by the American Sustainable Business Council (ASBC) and Business for Shared Prosperity (BSP) calling on Congress to end costly Bush tax cuts for the top 2 percent and reinvest in America.
“We’re not here asking for anything for ourselves,” Mr. Prince said. “We’re here because we want the best for our country. I’ve run a small business for more than 30 years. Expecting high-income tax cuts to trickle down as job creation is like pouring gas on your hood and expecting it to fuel your engine. It’s time to stop giving tax breaks to wealthy households and big corporations, and reinvest in America.”
"It was an honor to meet with the President and his team to discuss challenges and opportunities for small business in America right now! There was so much passion and energy in the room - it was exciting to see - and I'm hopeful that it can translate into tangible policies that will help small businesses grow and compete!" said Nikhil Arora, an active member in ASBC's partner organization Social Venture Network. "It was fun sharing the perspective and success stories around job creation from Oakland. There are great things going on in this country, and we have to find them, highlight them, and learn from them! The solutions are there."
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