BSP In the News
- The Hill: Frank Knapp, Small business opposes multinational corporations' tax avoidance
- Minimum Wage News at our BUSINESS FOR A FAIR MINIMUM WAGE website
- The Hill: Report: Taxpayers shoulder burden for offshore tax haven use
- Paramus Post (NJ): Offshore Tax Havens Cost Average Taxpayer $1,026 a Year, Small Businesses $3,067
- U.S. PIRG, Sen. Levin, Small Business Leaders Release "Picking up the Tab 2013: Average Citizens and Small Business Owners Pay the Price for Offshore Tax Havens"
- American Forum: Scott Klinger, Half Time at the Federal Budget Super Bowl
- Philadelphia Daily News: Talking Small Biz
- Triple Pundit: Don’t Blame Google and Starbucks For Minimizing Tax Bills
- Roll Call: Time for Plan C - Close the Floodgates on Corporate Tax Dodging
- CFO: Small Biz, the Fiscal Cliff, and the Big, Bad Bank
- Westerly Sun: Business leaders urge change in tax system
- McClatchy Tribune News Service: A plea for tax fairness from small businesses
- UPI: 'Fiscal cliff': Is there a Plan C to avoid tax increases, spending cuts?
- Madison Capital Times: Wisconsin business owners join national call to raise corporate taxes
- Charlotte Observer: Charlotte small business owners urge tax reform
- Politico: 'Revenue-neutral' tax reform takes hit
- National Journal: Sen. Levin, Small Businesses Push for Corporate Tax Hikes
- Washington Post: Sen. Levin wants corporate tax revenue in a fiscal cliff deal
- The Hill: Corporate revenues must be in debt deal
- Accounting Today: Small Business Leaders Urge Closing of Corporate Tax Haven Loopholes
In the News
By Kevin C. Johnson
St. Louis Post Dispatch, Nov 27, 2012
Vintage Vinyl co-owner Lew Prince had one of the biggest meetings of his life today, one with President Barack Obama.
The President met with twelve small business owners including Prince today to discuss the impact of tax policies. The meeting took place at the White House.
By Maria Recio and David Lightman
McClatchy Newspapers, Nov 23, 2012
Sacramento Bee, Miami Herald, Charlotte Observer, Kansas City Star, Fort Worth Star Telegram, Hispanic Business, Idaho Statesman, Raleigh News & Observer, many other papers
WASHINGTON — As Washington debates how to trim runaway federal budget deficits without going over a “fiscal cliff” of immediate tax increases and automatic spending cuts, special interest groups are mounting aggressive campaigns to make sure that they’re not the ones who have to pay the price.
By Laurie Kulikowski
The Street, Nov 21, 2012
NEW YORK (TheStreet) -- What's happening in small business today?
1. Small business advocacy group urges the end of Bush tax cuts. The American Business Sustainable Council and Business for Shared Prosperity are urging lawmakers to end the Bush-era tax cuts as part of any solution to the fiscal cliff.
By Zach Carter
Huffington Post, Nov 20, 2012
WASHINGTON -- More than 600 small business owners and executives wrote a letter to every member of Congress urging them to end the Bush-era tax cuts for the wealthy under any deal brokered to avert the so-called "fiscal cliff."
By John J. Egan
AllVoices.com, Nov 20, 2012
The nation’s capital is buzzing about the looming “fiscal cliff.” If President Obama and Congress can’t agree on a budget deal by Jan. 1, billions of dollars in federal tax hikes and spending cuts will kick in. Advocates warn that falling off the “fiscal cliff” will result in bigger tax bills for small businesses, as well as considerable cutbacks in hiring and spending.
Westerly Sun (RI), Nov 18, 2012
On Thursday, business leaders across the country called on Congress to end the Bush tax cuts for the top 2 percent and to reinvest in America. More than 600 small business owners and other business leaders signed the letter sent by the American Sustainable Business Council and Business for Shared Prosperity to Congress. Following are quotes from business owners included in a statement about the letter from the two organizations: ...
Not to be outdone by the pack of millionaires who swept through the nation's capital this week demanding higher taxes on the rich, two groups of business leaders are asking lawmakers for the same ...
By Frank Knapp Jr.
Op-Ed Distributed by American Forum
Placements include Pittsburgh Post Gazette, Nov 10, 2012
As someone who advocates for thousands of small businesses, I know they want fact, not spin. Unfortunately, too often we hear inaccuracies and misinformation about how government policies affect small businesses. Ending the Bush-era tax cuts for the richest 2 percent of Americans is one policy where small business has been caught up in a whirlwind of spin.
Op-Ed By Camille Moran, President and CEO of Caramor Industries and Four Seasons Christmas Tree Farm in Natchitoches, LA
Shreveport Times, Nov 7, 2012, Distributed by American Forum
As the owner of two central Louisiana businesses, a freelance paralegal service and a Christmas tree farm, I am no stranger to the debate on taxes. I also know that investment is essential to my businesses' success. Much of that investment comes from me, but some of it comes when the government invests our tax dollars in ways that benefit my community and my business.
Terry McTaggart, Forward Corporation President, Threatens To Cut Worker Hours Over Obamacare
By Zach Carter
Huffington Post, Oct 28, 2012
Raleigh News & Observer, Oct 26, 2012
As a businessman, I believe deeply in the power of free markets. Yet I also know that government investment plays a vital role in seeding those markets for success.
Its success stems from its focus on its customers -- and workers
By Will Ashworth
Investor Place, October 11, 2012
Discount retailer Costco announced its fiscal fourth-quarter earnings Oct. 10, the third quarterly report since the retirement of long-time CEO and co-founder Jim Sinegal. As is most often the case, Costco’s results were better than expected.
By Jose Pagliery
CNN Money, Oct 3, 2012
When big companies offshore profits to dodge taxes, small business owners say they are left footing the bill -- and they're not happy about it.
A U.S. Senate panel recently reviewed how Microsoft and Hewlett-Packard shaved billions off their taxes in recent years by moving profits offshore.
Microsoft (MSFT, Fortune 500) avoided paying nearly $7 billion by transferring almost half of its U.S. revenue to a subsidiary in Puerto Rico and moving patents to foreign subsidiaries. ...
Op-Ed by Josh Knauer
Pittsburgh Post Gazette, September 16, 2012
As a software entrepreneur, I find it ironic to see people going online to rail against taxes and government spending. The Internet grew from government research financed by earlier generations of taxpayers. So did computers, GPS technology and many other technologies we take for granted today.
The Global Positioning System we access from our phones, computers and cars was developed and is still operated by the Department of Defense, which does not charge user fees.
By Peter S. Green
Bloomberg BusinessWeek, September 13, 2012
In election years, Democrats and Republicans talk about small businesses as the epitome of America’s can-do spirit and the foundation of the nation’s economy. President Barack Obama and Mitt Romney have seen no reason to deviate from the script. But while they profess to have entrepreneurs’ best interests at heart, flattery is no sure route to winning their votes. One reason is that small business owners are not a monolithic interest group. …
By Eric Henry
Raleigh News & Observer, Aug. 9, 2012; Charlotte Observer, Aug. 21. Distributed by the American Forum.
By Scott Klinger
Distributed by the American Forum, Aug. 7, 2012. Jackson Clarion Ledger (Miss.), Eastern Group Publications, Madison Capital Times, Caribbean Life News, New Jersey Today, many more.
By Jim Houser, owner of Hawthorne Auto Clinic, Portland, and Co-chair of the Main Street Alliance of Oregon
The Hill, July 25, 2012
The Senate will vote today on a proposal that will extend Bush-era tax cuts for 98 percent of Americans, but end the extra breaks that are due to expire at the end of the year for the richest 2 percent only (on their take-home income beyond the first $250,000). As a small business owner – my wife and I own and operate an auto repair shop with a dozen employees – I’m all for it. Especially the part about ending extra breaks for the top 2 percent.
Op-Ed By Holly Sklar
Distributed by McClatchy-Tribune News Service, July 20, 2012
Time flies when you're moving backward. With the federal minimum wage stuck at $7.25 an hour since July 24, 2009, workers now have less buying power than they did in 1997 at the start of the longest period in history without a raise.
By Jason Linkins
LiveBlog, Huffington Post, May 6, 2012
Excerpt: [On Fox News Sunday, Marco] Rubio also complains that jobs aren't being created because of "uncertainty with the tax code," which doesn't happen to be what small business owners tell reporters: