NAWBO National, the first advocacy organization for women business owners, supports reforming the tax code
(Washington, D.C. March 9, 2017)—The National Association of Women Business Owners (NAWBO) is announcing their support for comprehensive tax reform. In a letter submitted to Representative Kevin Brady, Chairman of the U.S. House Ways and Means Committee, NAWBO asserts the need for comprehensive tax reform that understands the important role businesses of all sizes play in creating jobs and growing our nation’s economy.
“Women business owners are a diverse and strong subset of our nation’s business community and a significant contributor to our nation’s economy,” said Teresa Meares, NAWBO National Board Chair in the letter to Chairman Brady. “We see firsthand within our membership the need for comprehensive tax reform and are confident our economy would reap the benefits of such reform.”
According to the American Express OPEN/Womenable 2015 Report, there are more than 9.4 million businesses owned by women. These women business owners employ nearly 7.9 million people, and generate $1.5 trillion in sales as of 2015. Women-owned firms (51% or more) account for 30% of all privately held firms and contribute 14% of employment and 12% of revenues.
Founded in 1975 in Washington, D.C. NAWBO was the first advocacy organization for all women business owners.
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About NAWBO
Founded in 1975, the National Association of Women Business Owners (NAWBO) is the unified voice of America’s more than 9.4 million women-owned businesses representing the fastest growing segment of the economy. NAWBO is the only dues-based organization representing the interests of all women entrepreneurs across all industries. NAWBO develops programs that help navigate women entrepreneurs thought the various stages of their business growth.