[et_pb_section fb_built=”1″ _builder_version=”4.16″ custom_padding=”4px|||||” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_divider color=”#397389″ divider_weight=”2px” _builder_version=”4.19.4″ _module_preset=”default” custom_margin=”||14px|||” global_colors_info=”{}”][\/et_pb_divider][et_pb_button button_url=”https:\/\/familyenterpriseusa.com\/polling-and-research\/contact-your-representatives-in-congress-to-join-the-congressional-family-business-caucus-now\/” button_text=”Make an Impact: Contact Your Representatives to Join The Congressional Family Business Caucus!” button_alignment=”center” disabled_on=”off|off|off” admin_label=”Call to Action Button Top” _builder_version=”4.22.1″ _module_preset=”default” custom_button=”on” global_module=”7025″ saved_tabs=”all” global_colors_info=”{}”][\/et_pb_button][et_pb_divider color=”#397389″ divider_weight=”2px” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text admin_label=”Content” _builder_version=”4.22.1″ text_font=”||||||||” text_font_size=”16px” background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n
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The Congressional Family Business Caucus<\/a> met for the third time with multi-generational family businesses leaders on Capitol Hill with the goal of understanding the critical challenges facing America\u2019s largest private employer, Family Businesses.<\/p>\n [\/et_pb_text][et_pb_divider color=”#397389″ divider_style=”dotted” divider_weight=”1px” disabled_on=”off|off|off” _builder_version=”4.22.1″ _module_preset=”default” custom_margin=”||7px|||” global_colors_info=”{}”][\/et_pb_divider][et_pb_video src=”https:\/\/www.youtube.com\/watch?v=UQtMKeWZSCY” _builder_version=”4.22.1″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_video][et_pb_divider color=”#397389″ divider_style=”dotted” divider_weight=”1px” disabled_on=”off|off|off” _builder_version=”4.22.1″ _module_preset=”default” custom_margin=”||7px|||” global_colors_info=”{}”][\/et_pb_divider][et_pb_text admin_label=”Content” _builder_version=”4.22.1″ text_font=”||||||||” text_font_size=”16px” background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”]<\/p>\n The bi-partisan Congressional Family Business Caucus met in the U.S. Capitol Building with a focus on getting critical family business message points raised among legislators. The meeting featured caucus co-chair Rep. Brad Schneider (D-Ill.), as well as new caucus members Reps. Nick Langworthy (R-NY), Brad Sherman (D-CA), and Glenn Thompson (R-Pa.)<\/a>. The Caucus leaders met with executives of many large family-owned businesses and family centers.<\/p>\n The overall purpose of the caucus is to educate legislative leadership on America\u2019s largest private employer, family business, and the importance of keeping that sector healthy.<\/p>\n The meeting was started with comments by co-chair Rep. Schneider, a member of the tax-writing Ways and Means panel, who emphasized for stakeholders the importance of engaging in talks with lawmakers. The group then heard from Reps. Langworthy and Sherman, who engaged in a bipartisan conversation on impact of taxes and regulations, and access to capital.<\/p>\n Rep. Glenn Thompson, chairman of the House Agriculture Committee, detailed challenges his father\u2019s family hunting and fishing equipment business faced and how family businesses are the \u201cbackbone of the U.S. economy.\u201d<\/p>\n The group also heard from Mimi Bair, legislative director for caucus co-chair Rep. Jodey Arrington (R-TX), who serves on the House Budget Committee. She noted Arrington was the lead sponsor on legislation to reduce the rate of estate, gift, and generation skipping tax to 20 percent.<\/p>\n The two other co-chairs of the caucus are Henry Cuellar (D-TX) and Rep. Claudia Tenney\u2019s (R-NY).<\/p>\n Luntz and Messaging<\/strong><\/p>\n The meeting was hosted by Family Enterprise USA\u2019s president, Pat Soldano, and the group was led through discussion points on messaging by well-known communications strategist and pollster, Dr. Frank Luntz<\/a>.<\/p>\n Luntz urged the family-owned companies in attendance to focus on key messages when speaking with lawmakers. He also coached attendees on communication techniques meant to better deliver personal, fact-based issues to Congress.<\/p>\n \u201cLegislators need to know the personal stories of family business,\u201d Luntz said. \u201cThey need to know the consequences of being punished for being a family business,\u201d he said. \u201cFamily business leaders need to be able to communicate their challenges in fifteen seconds. That\u2019s all you have here.\u201d<\/p>\n During the Sept. 20 event, the federal lawmakers and caucus attendees heard from a variety of multi-generational family business executives and family business experts tell their stories, and advocate on their behalf regarding issues on the economy, taxes, and litigation.<\/p>\n Sponsors of the event included trucking companies CRST International Holdings and A.Duie Pyle, as well as Hydraflow, Nielsen-Massey, and The High Center.<\/p>\n \u201cUnderstanding the challenges, the generational challenges that confront the family enterprise is crucial,\u201d Rep. Schneider told attendees. \u201cThis is how we learn what we need to know to make the decisions we make,\u201d he added.<\/p>\n America\u2019s family-owned trucking companies were represented John Smith, chairman, CRST International, who warned the caucus that the nation\u2019s current economic landscape raises the potential for sector wide layoffs.<\/p>\n \u201cShort-term worry: huge trucking recession,\u201d Smith said at the Capitol Hill forum. \u201cIt\u2019s hurting. We put off capital purchases.\u201d<\/p>\n At the meeting, Peter Latta, chairman and CEO, of Pennsylvania-based trucking company A. Duie Pyle, also emphasized a need for reforming aspects of the civil justice system around the country. For the trucking businesses, tort reform is at the top the list of critical issues.<\/p>\n \u201cWe both have a target \u2014 a bull\u2019s-eye \u2014 on our back,\u201d Latta said of he and Smith. \u201cBut we didn\u2019t wear it today. Every other day of the year it\u2019s on. We need to get some meaningful tort reform in this country by eliminating contingency fees; losers pay winners for the costs.\u201d<\/p>\n Family Enterprise USA and American Trucking Associations recently formed a strategic partnership to advocate on behalf of family-owned businesses.<\/p>\n Other family business executives at the event were Mike Mitchell, Executive Director, The High Center for Family Business\u00a0at Elizabethtown (Penn.) College; one of the largest family business centers in the US, and Cindy Ayloush, CEO and Chairman of Hydraflow, Fullerton, Calif.<\/p>\n Hydraflow is a manufacturer of designed aerospace fluid transfer components<\/p>\n used in the galleys, lavatories, oxygen systems, and fuel lines of both<\/p>\n commercial and military aircraft.<\/p>\n Attendees also included Matt Nielsen, Vice President of Strategic Initiatives, Nielsen-Massey Vanillas, and Managing Director Nielsen Real Estate BV and Nielsen-Massey Vanillas Int\u2019l. LLC \u00a0based in Waukegan, Ill., and Alysha Calderon, President and COO, ISYS Solutions, Inc.,<\/p>\n and Career Smart, both multi-generational family-owned businesses.<\/p>\n \u201cOur goals are to educate our legislators on the size and power of all family-owned business, including many family-owned trucking companies,\u201d said Pat Soldano, President, Family Enterprise USA and Policy and Taxation Group. \u201cWe need to let them know of damaging tax and economic policies affecting their businesses. How we communicate those messages effectively is a challenge and will be a focus for next year,\u201d she said.<\/p>\n Family businesses are the largest private employers in the country, accounting for 83.3 million jobs, or 59 percent of the country\u2019s private workforce, research shows.<\/p>\n \u201cFamily business is big business,\u201d she said. \u201cThis caucus is helping get the word out about the importance of family businesses to job growth and the health of our country.\u201d<\/p>\n The first caucus meeting, held in February, focused on introducing the new caucus and educating Congress on the importance of family businesses to the U.S. economy, which contributes $7.7 trillion annually to the U.S. gross domestic product, according to research.<\/p>\n Other caucus attendees included many family business owners and family business center and office executives.<\/p>\n The next Congressional Family Business Caucus meeting is scheduled for early the first quarter of 2024.<\/p>\n [\/et_pb_text][et_pb_divider color=”#397389″ divider_weight=”2px” disabled_on=”off|off|off” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text disabled_on=”off|off|off” admin_label=”Become a member text” _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” link_option_url=”https:\/\/familyenterpriseusa.com\/donate-2\/” global_module=”5822″ global_colors_info=”{}”]<\/p>\n As we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a member.<\/p>\n The need for fact-based reporting of issues important to multi generational businesses<\/a> and protecting a lifetime of savings<\/a> has never been greater. Now more than ever, multi generational businesses<\/a> and family businesses<\/a> are under fire. That’s why Family Enterprise USA<\/a> is passionately working to increase the awareness of issues important to generationally-owned family businesses<\/a> 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<\/a>, possible elimination of valuation discounts, increase in capital gains tax<\/a>, enactment of a wealth tax<\/a>, and the continued burden of the gift tax<\/a>, estate tax<\/a> and generation skipping tax<\/a>.<\/p>\n [\/et_pb_text][et_pb_button button_url=”https:\/\/familyenterpriseusa.com\/donate\/” button_text=”Become a Family Enterprise USA Member” button_alignment=”center” disabled_on=”off|off|off” admin_label=”Become FEUSA member button” _builder_version=”4.21.0″ _module_preset=”default” custom_button=”on” global_module=”6503″ global_colors_info=”{}”][\/et_pb_button][et_pb_divider color=”#397389″ divider_style=”dotted” divider_weight=”2px” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_video_slider admin_label=”Video Slider Webinar Replays” _builder_version=”4.21.0″ _module_preset=”default” global_module=”5954″ saved_tabs=”all” global_colors_info=”{}”][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=ebLC74TMplE” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=fIbiW_qFdE0″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=uKyoSHKZ-5o&t=81s” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=KIgfjsdi4o0″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=6ME0xh9XKSM” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=Ggte5YDferU” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=GnpvvzhcfS0″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=6UMxZ8yBsOs” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][\/et_pb_video_slider][et_pb_text disabled_on=”off|off|off” admin_label=”FEUSA Statement” _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” link_option_url=”https:\/\/familyenterpriseusa.com\/donate-2\/” global_module=”5910″ saved_tabs=”all” global_colors_info=”{}”]<\/p>\n Family Enterprise USA<\/a> promotes generationally<\/a> owned family business<\/a> creation, growth, viability, and sustainability by advocating for family businesses<\/a> and their lifetime of savings with Congress<\/a> in Washington DC.\u00a0 Since 2007, Family Enterprise USA<\/a> has represented and celebrated\u00a0all sizes, professions and industries of family-owned enterprises and multi-generational<\/a> employers. It is a bi-partisan 501.c3 organization.\u00a0Family foundations can donate.<\/a><\/p>\n [\/et_pb_text][et_pb_text disabled_on=”off|off|off” admin_label=”Hash tags & Tags” _builder_version=”4.21.0″ _module_preset=”default” global_module=”6498″ global_colors_info=”{}”]<\/p>\n #incometax #taxseason #federaltaxpolicy #taxation #EstateTax #Deathtax #wealthtax #taxLegislation #CongressionalCaucus #CapitalGainsTax #incometaxrates #incometaxseason #taxrefund #taxreturn #incometaxreturn #gifttax #Generationskippingtax #InheritanceTax #repealestatetax #FamilyBusiness #promotefamilybusinesses #familyowned #supportlocalbusiness #womeninbusiness #AdvocatingForFamilyBusinesses #Generationallyowned #Multigenerationalbusiness\u00a0 @FamilyEnterpriseUSA @PolicyAndTaxationGroup @DitchTheEstateTax #FamilyEnterpriseUSA #PolicyAndTaxationGroup #DitchTheEstateTax<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" Congressional Family Business Caucus Meets for Third Time with Family Businesses, Industry Leaders on Capitol Hill \u00a0 Caucus Co-Chair Rep. Brad Schneider (D-Ill), as well as Caucus Members Reps. Nick Langworthy (R-NY), Brad Sherman (D-CA), and Glenn Thompson (R-Pa.), Speak on Key Issues Facing Family Businesses Communications Strategist Dr. Frank Luntz Holds Roundtable Discussion […]<\/p>\n","protected":false},"author":2,"featured_media":9168,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[48,92,78,16,87],"tags":[],"class_list":["post-9166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-family-businesses","category-multi-generational-business","category-in-the-news","category-video-post","category-watch-listen"],"acf":[],"_links":{"self":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/9166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9166"}],"version-history":[{"count":7,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/9166\/revisions"}],"predecessor-version":[{"id":9177,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/9166\/revisions\/9177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/media\/9168"}],"wp:attachment":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}We hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…<\/em><\/h4>\n
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