Rep. Claudia Tenney Focuses on Family Business Struggles, Educating Congress on Strength of Multi-Generation Businesses in New ‘Voice of Family Business on Capitol Hill’ Podcast
Rep. Tenney (R-NY) Talks with Podcast Host Pat Soldano, Family Enterprise USA, on Mission of New Congressional Family Business Caucus
Hailing from a family business, Rep. Claudia Tenney (R-NY) is working hard to educate Congress on the power and struggles of America’s family businesses, as detailed in a newly released podcast, “The Voice of Family Business on Capitol Hill,” by Family Enterprise USA.
The podcast, hosted by Pat Soldano, President of Family Enterprise USA, comes as the second meeting of the new Congressional Family Business Caucus will be held on Capitol Hill May 16.
The main topic of the interview with the Congresswoman from Upstate New York’s 24th District is getting Congress to understand the many struggles and importance of America’s family businesses.
Rep. Tenney is a co-chair of the bipartisan Congressional Family Business Caucus along with co-chairs Henry Cuellar (D-TX), Brad Schneider (D-IL) and Rep. Jodey Arrington (R-TX). The caucus was formed late last year.
“This caucus is all about education and the possibilities of helping family businesses across America,” said Rep. Tenney during the podcast. “I wish my colleagues would come to my district and see the struggles family businesses have to endure with bad policies and a state government hostile to business,” she said. “Our mission is to create growth and write policies for business reinvestment and lower taxes, or at least carve out exemptions and provide incentives for business that are primarily pass-through entities.”
As a teenager, Rep. Tenney worked in her Upstate New York family printing, packaging, and newspaper business. The business, started in 1946, is in a region filled with small and large family-owned businesses, from apple and grape growers to craft beer and yogurt makers. Later, she became a lawyer and state legislator, and eventually was elected to Congress.
“Representative Tenney knows first-hand the disadvantages and advantages family businesses have over large corporations,” said Soldano. “She understands by investing in and supporting our family businesses we are investing in entrepreneurship and creativity for our future growth.”
Soldano is also President of Policy and Taxation Group, both groups are advocates for family businesses and sponsors of the caucus, touched upon on key issues affecting today’s family businesses, from tax policies to philanthropic giving.
The “Voice of Family Business on Capitol Hill” podcasts are designed to bring real-life issues affecting the largest private employer in America, family businesses. This latest episode is now airing on Spotify, and other major podcast platforms, such as Apple iTunes and TuneIn.
The podcast is sponsored by Preston Root, a longtime member, former board member, and supporter of Family Enterprise USA and Policy and Taxation Group.
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Join our growing family of podcast listeners by clicking on the links below to our new podcast, "The Voice of Family Business on Capitol," where each episode delves into the major issues facing family businesses and family business centers today. Subscribe by clicking on these links, or wherever you get your podcasts.
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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 Policy and Taxation Group 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. Those issues include Step Up in Basis, gift tax, Valuation Discounts, Capital Gains Tax, Income Tax Rates, Wealth Tax, & Estate Tax (death tax).
Policy and Taxation Group is the leading information, education and advocacy organization working for the reduction and ultimate elimination of estate tax, gift tax, and generation skipping transfer taxes, and other taxes that punish hard work and success. Our Mission is to challenge hostile tax policies that meaningfully and measurably impact families and limit the ability of family businesses to remain family owned. We work with Congress in Washington DC against 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 Estate Tax (death tax), and the possible elimination of Step up in Basis.
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