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By Pat Soldano

Family Business, ‘The Quiet Giant,’ Gets Leadership Voice on Capitol Hill with New Congressional Caucus


You might call family businesses in America the “Quiet Giant.”

“Quiet” because up until recently, the family business sector did not have a dedicated seat at the table in Congress.

“Giant” because America’s family-owned businesses are the foundation of the US economy, contributing nearly 60% of the country’s private employment, accounting for 78% of new job creation, and representing $7.7 trillion per year to GDP.

In December 2022, family business finally gained a leadership voice in Congress with the establishment of the bipartisan Congressional Family Business Caucus, the first... (continue reading)

What Will the Caucus Do?
The Family Business Caucus has mapped out education as their primary purpose. Simply, they first want members of Congress to know the massive contributions family businesses make in the country. Additionally, the Caucus will convene regularly and will connect members of Congress with family businesses from across the country... (continue reading)

Risks and Policy
Every year, Family Enterprise USA publishes a national survey on the top concerns of family businesses in America. Last year, the biggest worry to surface was high income taxes, with 47% saying they were out of control. This year, the study is underway, and taxes will likely again be high on the list of concerns, but the cloud of inflation will certainly also be a big issue. But the steadiest worry is that of continued government policies that disadvantage family businesses.

The examples are many.

Mark Peters, President and Chief Executive Officer of Butterball Farms, a multi-generationally owned business in Michigan, points to the result of the Enron bankruptcy... (continue reading)
Stay safe and healthy,
Pat Soldano
President; Policy and Taxation Group
[email protected]
712 H Street NE Suite 1091
Washington DC 20002
(202) 681-8365‬

Upcoming Events

  • March 16: Grand Rapids FBC, Grand Rapids, MI
  • March 22: Homrich Berg webinar
  • March 22: California Family Business Association, Tustin, CA
  • March 23: Maine FBC Event
  • March 29: High Center FBC, Elizabethtown, PA
Voice of Family Business on Capitol Hill
Sign-Up For New Podcast: "Voice of Family Business on Capitol Hill" with host Pat Soldano.

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.
We hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…

As we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a supporter.

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.
About Policy and Taxation Group
Policy and Taxation Group is your voice in Washington on economic freedom. We advocate for policies that allow American families to fully enjoy the economic liberties and benefits of a robust free market unique to our nation. For over 25 years, we have been the loudest voice in the nation’s capital on eliminating the death tax. This ill-conceived tax has a destructive impact on families, family businesses, job creation, and the national economy.
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