Page 22 - The South China Business Journal
P. 22
C. Today

Thanks to In Cushing, Iowa, Anfinson
Tax Reform,
These Small Farm Store, a 100-year-old family
Businesses are business, awarded $1,000 bonuses and
raised wages 5 percent for all full-time
employees as a result of tax reform.
Store owner John Anfinson, whose
grandfather opened the shop in 1918,
said tax reform will boost “money
that will be available for the business
overall” and that he wanted “to use it
in the right places.”

By J.D. Harrison, Executive Director, Strategic Communications, U.S. Chamber of Commerce In Rogersville,

Sometimes, what happens in Washington can Missouri, Mid-AM Metal
take months or even years to fully impact small
businesses across the country. Sometimes, the true Forming announced that every
impact of a new regulation or a new law on Main one of its 140 employees had
Street won’t be felt for decades. This is not one of received cash bonuses because
those times. of the tax reform bill’s passage.
"Mid-AM Metal Forming is
excited about the positive
implications the tax reform
package will have both on the
manufacturing industry and its
employees," Mid-AM President
Steve Johnson said. "We have
very dedicated employees that
assist in making us a success.
We are excited to surprise all
of them with this reward.”

One month removed from the most significant In Sonoma County, California,
federal tax overhaul our country has seen in more
than 30 years, the impact on small businesses John Jordan, the owner of Jordan Winery and
has been swift – and it has been overwhelmingly a former commander in the Navy, announced
positive. With every new day comes another story that his company would be giving all eligible
about an entrepreneur who handed out bonuses winery employees a $1,000 bonus thanks to the
or raises or a small employer who now has the passage of the tax reform bill. "The heart of any
confidence to add more employees or invest in that successful business is its employees," Jordan said.
next location.

Here’s a look at 12 of the many small businesses
around the country that have already started
to invest back into their businesses and their
employees thanks to tax reform.

As U.S. Chamber of Commerce President and CEO
Tom Donohue forecast in his 2018 State of American
Business address, tax reform “will usher in a new era
of growth for the American economy.”

Clearly, that era is already dawning on Main Street.■

20 AmCham South China
   17   18   19   20   21   22   23   24   25   26   27