Rebecca Boenigk Testifies Before the Ways & Means Committee

Rebecca Boenigk, CEO of Neutral Posture a women owned small business office furniture manufacturer, testified before the House Ways & Means Committee on Thursday, July 13 in Washington, D.C. The hearing held by the Tax Policy Subcommittee discussed how tax reform will affect small businesses.

Boenigk testified about the effect the tax code has had on her small manufacturing business. Owing taxes on inventory she thought was already expensed, but finding out it was considered a taxable asset, the complexity of filing tax returns as an S-corporation, the creation of a foreign import subsidy at the expense of American- based businesses and workers and the double jeopardy of the estate tax placed on the heirs of a successful small businesses.

"I am recommending equal tax treatment for businesses no matter how they are formed, elimination of the estate tax and simplification of the tax code for everyone and these changes need to be permanent. Small businesses cannot plan for the future with a changing tax code."

Boenigk co-founded Neutral Posture, Inc., a leading women-owned small business seating and systems furniture manufacturer, with her mother in 1989. With a focus on providing solutions to customers' office furniture issues, Boenigk has grown Neutral Posture to an internationally recognized ergonomic leader with numerous award winning patented products.

Boenigk is a director of the PureColor Board, and the Women Impacting Public Policy (WIPP) Board. She serves as an advisory board member of the Belizean Grove and is a past director of the Ronald McDonald House Charities of Central Texas Board and the WebTuner Board. She is an active member of the Committee of 200 (C200), served as the first woman President of the Business and Institutional Furniture Manufacturer's Association (BIFMA) and is a current director, is a past member of the Board of Directors for the Women's Business Enterprise National Council (WBENC), is a National Founding Partner of WIPP and served on the Board of Directors of the Institute for the Economic Empowerment of Women. In 2006, Rebecca was appointed by Hector Barreto to serve on the National Women's Business Council, which serves as advisors to the President, Congress and U.S. SBA.