Small Business Thanks Congressman Sam Johnson for Efforts to Curb Impact of Rising Gas Prices

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Washington, March 10, 2011 | comments

The National Federation of Independent Business, the nation’s leading small-business association, extended thanks today to Congressman Sam Johnson (TX-03) for his efforts to increase the Internal Revenue Service 2011 gas mileage rates. In a letter to IRS Commissioner Douglas Shulman, Congressman Johnson requested the 2011 mileage rates be increased to reflect increasing transportation costs to small businesses due to rising gasoline prices.

 

“Small businesses are being seriously strained by the rising cost of gas,” said NFIB Senior Vice President of Public Policy Susan Eckerly. “Congressman Johnson’s effort to relieve the burden of rising transportation costs is greatly appreciated by small businesses, and we look forward to working with Congressman Johnson and the IRS to ensure a fair and appropriate mileage reimbursement rate.”

 

Fuel prices have increased by nearly 20 percent since the IRS announced the 2011 rates. Prices are surging today at a historic pace, increasing transportation costs for small businesses in the Dallas area and around the country.

 

Gasoline prices are a top issue of concern for small businesses. According to the most recent survey of NFIB small business membership, the cost of gasoline, diesel, and other sources of energy ranks second of 75 issues of concern.

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