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Keyword: smallbusiness

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  • EU to unveil business deregulation plan

    10/12/2014 10:30:50 PM PDT · by Olog-hai · 5 replies
    Manchester Guardian ^ | Sunday 12 October 2014 13.55 EDT | Ian Traynor and Arthur Neslen
    A controversial demand for a new deregulation spree shredding the rules for doing business in the European Union is to be unveiled on Tuesday in Brussels. Edmund Stoiber, the former leader of Bavaria, will propose that all small and medium sized enterprises enjoy virtually blanket exemption from the rules governing business practices. His proposal for a “bonfire of red tape” has an explicitly political agenda, aimed at reversing public perceptions of Brussels as a “bureaucratic monster”. British officials are said to be delighted with the Stoiber report and panel participants said that Michael Gibbons, chair of the UK’s regulatory policy...
  • Dem Senator’s Small Business Experience Was Co-Running Store that Sold Stolen Goods

    09/19/2014 2:53:00 AM PDT · by afraidfortherepublic · 13 replies
    Washington Free Beacon ^ | 9-18-14 | CJ Ciarmarella
    Throughout her political career, including during her current race against former GOP Sen. Scott Brown, Sen. Jeanne Shaheen (D., N.H.) has touted her experience as a small business owner. Shaheen’s small business “experience” was co-running a store that once sold thousands of dollars-worth of stolen jewelry. “As the former owner and manager of a small retail business, Senator Shaheen knows what it’s like to worry about meeting payroll and inventory costs to keep a business going,” the Issues section of her Senate website declares. Her Senate biography also describes her as a “former small business owner.” This week, the Shaheen...
  • More Angelenos are becoming street vendors amid weak economy

    09/06/2014 8:59:25 PM PDT · by 2ndDivisionVet · 42 replies
    The Los Angeles Times ^ | September 6, 2014 | Tiffany Hsu
    Sitting at her street vending booth with products arrayed neatly on a sequined purple tablecloth, Jackie Lloyd reflects nostalgically on the days when she had a steady salary and regular hours.. That was four years ago, before the 39-year-old was laid off from her job as an elementary school cafeteria worker and mounting bills forced her to venture into self-employment. Now the Pico-Union resident hops from location to location, selling body oils, shea butter, soap and incense. She moves when nearby businesses complain or she feels unsafe. Some days, her sales bring in $150. Others, they don't break $20....
  • LA Restaurants Enact 3% Surcharge For Healthcare Costs

    09/04/2014 1:15:15 AM PDT · by 2ndDivisionVet · 14 replies
    Truth Revolt ^ | September 3, 2014 | Paul Bois
    On Tuesday, LA Weekly reported that several upscale restaurants in the City of Angels will be adding a 3 percent surcharge to cover their employees' healthcare costs, a trend that has been gaining steam since the Affordable Care Act launched nearly one year ago. Beginning on September 1, restaurants Lucques, Tavern, A.O.C, and a few offshoots all added a 3 percent surcharge to customers' checks, explicitly stating in a press release their decisions hinged on covering employee healthcare costs. Lucques Group, Suzanne Goin and Caroline Styne, owners of the restaurants, also named several other restaurant groups that will be duplicating...
  • NLRB goes rogue against small business

    09/01/2014 9:55:39 AM PDT · by jazusamo · 11 replies
    The Hill ^ | September 1, 2014 | Rick Manning
    Labor Day provides the opportunity to evaluate those government agencies that impact the workplace, and gauge if they are helping or hurting the employment situation in America. In the six Labor Days since President Obama took office, his appointees have gone to outrageous lengths to compel the 93 percent of the private-sector workforce who don't belong to an organized labor union to become dues-paying members. While the Labor Department and the National Mediation Board have each pushed hard to create rules that overwhelmingly favor union organizers over those employees who oppose unionization, it is the National Labor Relations Board (NLRB)...
  • Frustrated small businesses give Pennsylvania a ‘D’ grade

    08/12/2014 2:30:19 AM PDT · by Olog-hai · 19 replies
    Pocono Record ^ | August 11, 2014 | Stacy M. Brown
    Pennsylvania has turned its back on small business owners, according to a recent survey. […] “After a two-month survey of thousands of small business owners nationwide, we’ve heard directly from Pennsylvania’s small businesses that the state could do more to support them,” said Jon Lieber, chief economist of Thumbtack.com. “Creating a business climate that is welcoming to small, dynamic businesses is more important than ever, and Pennsylvania’s small businesses think the state could do a better job.” […] Marie Page, owner of Marie Page Cleaning Service in Reeders, said […] “We are taxed like crazy. It is hard to get...
  • SBA Expected To Release Fraudulent and Falsified Small Business Data Soon

    07/02/2014 9:49:11 PM PDT · by george76 · 5 replies
    Red State ^ | July 2nd, 2014 | Lloyd Chapman
    Every year about this time the Small Business Administration (SBA) issues a press release claiming the federal government barely missed the 23% small business contracting goal required by law. In reality, the Obama Administration has never come anywhere close to reaching the minimum 23% small business-contracting goal. Based on all the information I have been able to obtain under the Freedom of Information Act, I estimate legitimate small businesses in America are currently receiving no more than 5% of all federal contracts and subcontracts. The SBA’s favorite time to release their annual falsified and fabricated small business contracting data is...
  • The 10 Best States For Small Business

    06/11/2014 10:31:13 AM PDT · by SeekAndFind · 16 replies
    Business Insider ^ | 06/11/2014 | Richard Feloni
    The happiest small-business owners are all in the Midwest and South, according to a new survey. Online job marketplace Thumbtack and the Ewing Marion Kauffman Foundation surveyed more than 12,000 small-business owners across 38 states in the U.S. on topics concerning how easy it is to start and grow a small business in their state."Thousands of small-business owners across the country told us that the keys to a pro-growth environment are ease of compliance with tax and regulatory systems and helpful training programs," says Jon Lieber, Thumbtack's chief economist.Participants determined that the most important regulatory issue in determining their state's...
  • The Decline of Small Business = Decline of Basic Skills

    05/20/2014 10:58:10 AM PDT · by SeekAndFind · 7 replies
    Of Two Minds ^ | 05/20/2014 | Charles Hugh-Smith
    An economy where most people work for the state or a global corporation is an economy that has lost its knowledge of the key entrepreneurial building blocks.The decline of small business has numerous long-term consequences. One is the decline of the middle class, as entrepreneurial enterprise is a key pathway to generational wealth-building and prosperity. Another is the loss of employment opportunities. As U.S. businesses are being destroyed faster than they’re being created, there are fewer sources of employment. Since many people get their first job at small businesses, the decline of small business has an outsized effect on entry-level...
  • Report: One Obamacare Tax Could Cost Up To 286,000 Jobs

    05/06/2014 7:40:22 PM PDT · by 2ndDivisionVet · 4 replies
    The Daily Caller ^ | May 6, 2014 | Sarah Hurtubise
    Just one of Obamacare’s many taxes could cost the U.S. hundreds of thousands of jobs over the next decade, according to an industry report published Tuesday. The National Federation of Independent Business projects that between 152,000 and 286,000 jobs will be lost by 2023 due to Obamacare’s health insurance tax. NFIB, a nonprofit association of business owners, actively supports the repeal of the tax. The health insurance tax has proved to be one of Obamacare’s more controversial fundraising measures. The tax targets insurance companies, charging each one proportional to their market share — the more health plans sold (Obamacare’s goal,...
  • U.S. businesses are being destroyed faster than they’re being created

    05/06/2014 6:58:59 PM PDT · by 2ndDivisionVet · 24 replies
    The Washington Post's Wonkblog ^ | May 5, 2014 | Christopher Ingraham, graphics editor
    The American economy is less entrepreneurial now than at any point in the last three decades. That's the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978. Not only that, but during the most recent three years of the study -- 2009, 2010 and 2011 -- businesses were collapsing faster than they were being formed, a first. Overall, new businesses creation (measured as the share of all businesses less than one year old) declined by about half from 1978 to 2011. The authors don't mince words...
  • Own a small business? Brace for Obamacare pain ( Nevada )

    05/05/2014 5:58:20 PM PDT · by george76 · 8 replies
    Las Vegas Review Journal ^ | May 4, 2014 | JENNIFER ROBISON
    The law’s employer coverage mandate doesn’t take effect until 2015, but early plan renewals are starting to roll in. And for some businesses, the premium jumps are positively painful. Local insurance brokers are reporting spikes ranging from 35 percent to 120 percent on policies that renew from July to December. The increases are especially acute among employers with workforces made up of younger, healthier men. That’s because Obamacare prohibits offering lower rates to healthier groups. It also narrows the allowed premium gap between older and younger enrollees. ... The changes put as many as 90,000 policies across Nevada at risk...
  • The IRS’s Heavy Hand: How the owner of a small business got swindled by the federal agency

    05/01/2014 11:26:21 AM PDT · by SeekAndFind · 18 replies
    National Review ^ | 05/01/2014 | George Will
    Flint, Mich. — Earnest moralists lament Americans’ distrust of government. What really is regrettable is that government does much to earn distrust, as Terry Dehko, 70, and his daughter Sandy Thomas, 41, understand. Terry, who came to Michigan from Iraq in 1970, soon did what immigrants often do: He went into business, buying Schott’s Supermarket in Fraser, Mich., where he still works six days a week. The IRS, a tentacle of a government that spent $3.5 trillion in 2013, tried to steal more than $35,000 from Terry and Sandy that year. Sandy, a mother of four, has a master’s...
  • Recommitting to an America that Works

    04/28/2014 4:12:33 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | April 28, 2014 | Rick Santorum
    In Washington, they think that “Made in the U.S.A.” is as outdated as carbon paper, and it was bad policies from both parties that hurt American manufacturing. Only yesterday manufacturing was a key contributor to our nation’s wealth and strength, and it was the economic foundation of many hardworking families. The evaporation of U.S. manufacturing, consequently, was devastating to working Americans. To explain the challenges that American manufacturers face, let me tell you about Bemidji Woolen Mills, a family-run business I got to know in 2012 when I was running for president. Campaigning across the frigid Midwest, I’d wear a...
  • Professor Teaches Black Entrepreneurs How To Succeed In ANY Economy

    04/24/2014 10:43:16 PM PDT · by 2ndDivisionVet · 8 replies
    Black News ^ | April 24, 2014 | Anne Holder
    Nationwide — Economic activist, Devin Robinson, explains how blacks can live comfortably to 10% of their income and build mainstream businesses in his 8th book, Power M.O.V.E.: How to Become a Successful Entrepreneur. Robinson, a military veteran and network engineer, entered into full-time entrepreneurship after becoming frustrated with Corporate America. He ditched his $85,000 a year job for the risks of business ownership. Over the past decade, he has worked on many community economic initiatives that have resulted in thousands of entrepreneurs being trained and transformed, while hundreds went on to being put into full-time entrepreneurship. He said, “Entrepreneurship must...
  • Minnesota lawmakers OK raising minimum wage to $9.50 an hour

    04/10/2014 4:10:10 PM PDT · by Oldeconomybuyer · 20 replies
    Reuters ^ | April 10, 2014 | BY DAVID BAILEY
    Minnesota lawmakers on Thursday approved a measure raising the state's minimum wage from one of the lowest in the nation to one of the highest. The measure to bump the hourly wage to $9.50, one of dozens of wage proposals debated by lawmakers around the country this year, passed the Democrat-controlled House by a vote of 71-60. The Democrat-run Senate approved the measure on Wednesday. It now goes to Democratic Governor Mark Dayton, who supports the bill.
  • GOP Blows Chance To Nail Another ObamaCare Failure

    04/08/2014 6:28:17 AM PDT · by IBD editorial writer · 33 replies
    Investor's Business Daily ^ | 04/07/2014 | IBD Staff
    Health Care: Republicans pushed a bill that would let small businesses continue to offer high-deductible plans to employees, despite ObamaCare. Sounds like a good idea. So why did the leadership try to hide it? The original plan for ObamaCare was to force every business with 50 or more employees to provide "affordable" coverage or pay a stiff fine, plus to sharply restrict the plans they could offer by, among other things, capping deductibles at $2,000 for workers. The cap was little more than a stealth attempt by Democrats to wreck Health Savings Accounts, which trade off high deductibles for tax-free...
  • THE MYTH OF BIG OIL

    02/26/2014 4:54:39 AM PST · by thackney · 8 replies
    E21 ^ | 02/25/2014 | E21
    A key feature of America’s ongoing oil and gas production renaissance is that the vast majority of the jobs created have not come from the “Big Oil” companies, but from small businesses. Manhattan Institute senior fellow Mark Mills shows the dramatic effect of small businesses on oil and gas production and vice versa in his new report, “Where the Jobs Are: Small Businesses Unleash Energy Employment Boom.” The five large oil companies operating in the United States (Exxon, BP, Chevron, Shell, Conoco) account for only ten percent of direct oil and gas jobs. The vast majority of jobs come from...
  • $12 an hour is conservative rocket fuel, says Ron Unz

    01/11/2014 6:37:08 PM PST · by 2ndDivisionVet · 96 replies
    The Daily Caller ^ | January 10, 2014 | Neil Munro, White House correspondent
    A nationwide minimum wage of $12 per hour would shrink government, aid families, curb illegal immigration, spur high-tech investment, and boost GOP support among working-class voters, says Ron Unz, the California libertarian entrepreneur who wiped out his state’s Spanish-only K-12 classes. The $12 wage would slash the huge taxpayer subsidies now given to companies that hire low-wage immigrants, and move tens of millions of Americans into the middle class and sharply reduce the 47 percent of the population who are now completely or partly dependent on federal handouts, Unz told The Daily Caller. “Politics would be completely different… what you’re...
  • Small Business Group Says NOT A SINGLE MEMBER Has Seen Health-Care Costs Go Down Under Obamacare

    01/02/2014 3:33:43 PM PST · by 2ndDivisionVet · 12 replies
    Gateway Pundit ^ | January 2, 2014 | Jim Hoft
    In 2011 during his reelection campaign Barack Obama promised Americans who “get their insurance from the workplace” will see $3,000 in savings thanks to Obamacare.(VIDEO-AT-LINK)Not true. The National Federation of Independent Businesses (NFIB), a group representing 11,000 members and small businesses, has not had a single member report health-care savings under Obamacare. The New York Post reported: New York’s small-business owners, seniors and doctors are among the big losers as President Obama’s prescription for health-insurance reform takes effect. The National Federation of Independent Businesses, an organization that represents nearly 11,000 entrepreneurs across the state, says it has yet to find...
  • A Large New Tax on Small Business

    12/31/2013 8:28:41 AM PST · by afraidfortherepublic · 23 replies
    ObamaCare includes so many taxes that it's hard to keep track, but one of the worst takes effect on Jan. 1. This beaut is a levy on health insurance premiums that targets the small business and individual markets. At $8 billion in 2014 and $101 billion over the next decade, the insurance tax is larger than ObamaCare's taxes on medical devices and prescription drugs combined. The Internal Revenue Service classifies the tax as a "fee" but it functions like an excise tax on premiums. The IRS collects an annual flat amount specified by the Affordable Care Act to be allocated...
  • Obamacare Reg Treats Congress That Spent $3.5 Trillion as a ‘Small Business’

    12/05/2013 5:31:15 PM PST · by Olog-hai
    Cybercast News Service ^ | December 5, 2013 - 6:51 PM | Terence P. Jeffrey
    An Obamacare regulation issued by the Office of Personnel Management in October treats the U.S. Congress—which employs more than 11,000 staffers and which spent $4,329,000,000 on its own operations and $3,454,253,000,000 to fund the full government in fiscal 2013—as a “small business.” OPM did this so that the Treasury can pay federal subsidies of up to $11,378 per year to help members of the House and Senate and their staff buy health-insurance plans in the Obamacare “Small Business Health Options Program” (SHOP) Marketplace set up for “small employers” in Washington, D.C. The regulation treats this federal tax subsidy paid by...
  • Small Businesses Say ACA’s Aggregation Rules Unfair

    12/05/2013 11:52:04 AM PST · by afraidfortherepublic · 12 replies
    Wall Street Journal ^ | 12-4-13 | Sarah Needleman
    Donna Baker of Adrian, Mich., owns an accounting firm, payroll company and retail store. Her husband, Kim, is the sixth generation owner of a dairy farm. While the four businesses are separate entities, they count as one employer under the health-care law due to a technicality — Mrs. Baker is a minority stakeholder in the 1,800-acre property that her husband’s farm sits on, plus she helps out with some of the farm’s bookkeeping. As a result, the Bakers are subject to aggregation rules in the U.S. tax code, which means they would be required to offer health-insurance benefits to their...
  • Small Business Latest to Bear Burden of Obamacare Failures

    11/27/2013 12:19:36 PM PST · by Ray76 · 8 replies
    Speaker of The House ^ | Nov 27, 2013 | Speaker Boehner's Press Office
    WASHINGTON, DC – House Speaker John Boehner (R-OH) issued the following statement in response to the Obama administration’s announcement that it will not launch an online health care exchange for small businesses, delaying the feature a full year. “The president bit off more than he can chew with this health care law, and small businesses are now forced to bear the consequences. Business owners across this country are already having health care plans for their employees canceled by this law, and now they’re told they won’t have access to the system the president promised them to find them different coverage....
  • Sen. Enzi: All kinds of 'little traps' in health care law (small business alert)

    11/18/2013 5:23:51 PM PST · by Whenifhow · 15 replies
    http://video.foxnews.com ^ | November 18, 2013 | http://video.foxnews.com
    Mike Enzi: "I found they are going to aggregate the numbers so people think they are going to 29 hours employees are finding out that doesn’t get rid of employees for them....…so they can’t get under the 50 employee mark.
  • Growing Use of Civil Forfeiture Creates Nightmares for Small Business Owners

    11/18/2013 5:50:47 AM PST · by Kaslin · 59 replies
    Townhall.com ^ | November 18, 2013 | Matthew Needham
    Imagine that you run a grocery store with your daughter, a store you have owned for thirty years. Imagine that just last year the IRS found no violations in an audit of your store. Now imagine that, despite continuing your sound business practices, you awake one day to find the IRS has seized your entire bank account. The IRS has used a technique called civil forfeiture against you and you find your Constitutional guarantee of innocence until proven guilty has been completely reversed. That is the nightmare that Terry Dehko and his daughter Sandy Thomas found themselves in on January...
  • Thousands Of Small Businesses Will Also Start Losing Their Current Health Policies Under Obamacare

    11/11/2013 11:25:25 AM PST · by grundle · 22 replies
    Forbes ^ | November 6, 2013 | Scott Gottlieb
    Full title: Thousands Of Small Businesses Will Also Start Losing Their Current Health Policies Under Obamacare. Here's Why President Obama’s simple line “If you like your current health plan you can keep it” is haunting him amidst reports that 3.5 million Americans who purchase health plans on their own, in the “individual” market, have lost that coverage as a result of Obamacare. Very soon, small businesses will be faced with a similar fate. They will also see their health plans canceled as a result of Obamacare. Small businesses, with fewer than 50 employees, are not forced to provide coverage under...
  • Obama worst enemies are small business creators

    11/10/2013 1:14:20 PM PST · by usalady · 8 replies
    Examiner ^ | Nov. 10, 2013 | Martha
    Remember when Obama told Americans “You didn’t build that”?
  • 1000's Of Small Businesses'll Also Start Losing Current Health Policies Under O-Care. Here's Why

    11/06/2013 6:07:46 PM PST · by 2ndDivisionVet · 23 replies
    Forbes ^ | November 6, 2013 | Scott Gottlieb
    President Obama’s simple line “If you like your current health plan you can keep it” is haunting him amidst reports that 3.5 million Americans who purchase health plans on their own, in the “individual” market, have lost that coverage as a result of Obamacare. Very soon, small businesses will be faced with a similar fate. They will also see their health plans canceled as a result of Obamacare. Small businesses, with fewer than 50 employees, are not forced to provide coverage under Obamacare. But when they do, policies sold in the small group market are subject to the same regulations...
  • Small-business insurers warn that Obamacare requires higher premiums in 2014

    10/26/2013 7:15:26 PM PDT · by Tailgunner Joe · 14 replies
    cleveland.com ^ | October 25, 2013 | Stephen Koff
    WASHINGTON, D.C. -- Small companies with a worker or two who have the misfortune to require serious medical care know what happens at insurance-renewal time. Their premiums don’t just rise. They leap. Small employers don’t have that happen as often when they have young, healthy workforces. This is an old reality in the health insurance field, which until now correlated a policy’s price with a client’s risk and claims experience. Was an employee hospitalized recently? Is he at risk of cancer? The employer’s premiums were almost sure to spike. The Affordable Care Act is about to upend these old insurance...
  • Job creation dies under Obama economic leadership

    10/20/2013 10:53:55 AM PDT · by usalady · 13 replies
    Examiner ^ | October 20, 2013 | Martha
    As free enterprise is snuffed out by regulations, rules, taxes and Obamacare an increasing number of Americans are finding that the millions of jobs once created by small businesses are no longer available.
  • Poll shows plurality of small-business owners supporting gov’t shutdown

    09/30/2013 7:21:17 AM PDT · by SeekAndFind · 9 replies
    Hotair ^ | 09/30/201 | Ed Morrissey
    Democrats and the White House warn that a government shutdown over the budget impasse and the fight over ObamaCare will damage the economy. Those on the front lines of the economy seem ready to make that sacrifice, at least for a while. According to a poll last week from Pepperdine University, 48% of small-business owners back a government shutdown — some for as long as three months: Down to the final days of the nation’s current spending plan, with negotiations over a new one at a standstill, nearly half of small business owners are in favor of shutting the government...
  • Obama Lied, My Health Plan Died

    09/24/2013 11:48:05 PM PDT · by Kaslin · 13 replies
    Townhall.com ^ | September 25, 2013 | Michelle Malkin
    Like an estimated 22 million other Americans, I am a self-employed small-business owner who buys health insurance for my family directly on the individual market. We have a high-deductible PPO plan that allows us to choose from a wide range of doctors. Or rather, we had such a plan. Last week, our family received notice from Anthem BlueCross BlueShield of Colorado that we can no longer keep the plan we like because of "changes from health care reform (also called the Affordable Care Act or ACA)." The letter informed us that "(t)o meet the requirements of the new laws, your...
  • Hispanic-owned businesses double from 2002 to 2013

    09/13/2013 1:25:20 PM PDT · by Olog-hai · 38 replies
    Associated Press ^ | Sep 13, 2013 12:38 PM EDT
    The number of Hispanic-owned businesses in the U.S. is expected to nearly double this year from 2002. That’s the finding of a study released Friday by the U.S. Hispanic Chamber of Commerce and Geoscape, a company that provides demographics data. …
  • Small Businesses Not Adding Workers Like They Used to

    09/09/2013 6:54:51 AM PDT · by SeekAndFind · 17 replies
    Wall Street Journal ^ | 09/07/2013 | Kathleen Madigan
    <p>It’s well known that job growth has been lacking in this recovery. One reason for the disappointment is that small businesses aren’t adding workers like they used to.</p> <p>Economists at Goldman Sachs explored the shift in hiring by business size using the Labor Department‘s Business Employment Dynamics survey. Although the BED data lag, the Goldman economists found small firms (defined as businesses employing less than 1-49 workers) have indeed underperformed medium and large companies whether underperform is defined as “a slower rate of job growth during the recovery relative to other firm size classes or a failure to regain the absolute magnitude of job losses incurred during the recession.”</p>
  • Visit from Feds Has Two Email Providers Closing Shop

    08/13/2013 7:01:35 AM PDT · by vet7279 · 9 replies
    Breitbart ^ | 13 Aug 2013 | Elizabeth Sheld
    Last Thursday, Texas based email provider Lavabit suddenly shut down their encrypted email service, leaving behind a message for its customers on the company's website. The owner of Lavabit, Ladar Levinson, intimated that the company had received a secret search order from the government and shut his business down to avoid being "complicit in crimes against the American people."
  • Small Business in IRS Sights

    08/10/2013 9:39:44 AM PDT · by reaganaut1 · 34 replies
    Wall Street Journal ^ | August 9, 2013 | JOHN D. MCKINNON and SIOBHAN HUGHES
    Thousands of small-business owners have received letters from the Internal Revenue Service questioning whether they are underreporting their business income, a harbinger of a broader initiative aimed at boosting federal tax receipts and ensuring compliance. The program is the latest move in the agency's effort to combat what it sees as a widespread problem: failure by businesses, including mom-and-pops, to report all cash sales in order to minimize tax bills. Tax officials say the letters don't constitute an audit and instead are simply a request for more information. Some business owners and some lawmakers, however, call the new IRS program...
  • Regulation: The Stealth Economic Killer

    08/09/2013 4:06:21 PM PDT · by Kaslin · 8 replies
    Townhall.com ^ | August 9, 2013 | Bob Beauprez
    Some rules are needed to keep order in a society, promote fair dealing, safety, etc.  But, regulation isn't free.  The cost of compliance is added to everything that is grown, mined, manufactured, processed, sold, and consumed.  Cost of regulatory compliance is a real cost of operation for businesses that effects market competitiveness of goods and services and thus can stifle job creation as well as salaries and wages. Taxation is tangible.  State, local, and federal tax obligations are paid directly.  They show up on a P & L in a line item, or at the bottom of a receipt at...
  • Small Businesses Can't Avoid ObamaCare by Switching to Part-Time Workers

    08/05/2013 2:16:45 PM PDT · by ColdOne · 60 replies
    breitbart.com ^ | 8/5/13 | Dr. Susan Berry
    Keeping in mind that, under ObamaCare, a “full-time” work week is only 30 hours, the SBA website provides an example: Company X has 40 full-time employees working 40 hours per week, along with 20 part-time employees working 15 hours per week. The 20 part-time employees are counted as 10 full-time equivalent employees. Company X has 50 full-time employees and is subject to the employer shared responsibility provisions. The rules are a “problem for employers at the margin” of 50 full-time workers, said Edmund F. Haisimaier of the Heritage Foundation. In addition, the mandates include seasonal employees, so even if a...
  • Without big changes, Detroit won't have a second act

    07/19/2013 3:53:53 PM PDT · by jocon307 · 45 replies
    Washington Examiner ^ | 07/18/2013 | Shikha Dalmia
    Detroit just became the biggest city to file for bankruptcy in America. ....Many people are hoping that bankruptcy, the largest of its kind on U.S. soil, will give Detroit another chance. But that'll remain wishful thinking until Detroit reverses its backward economic strategy. Every mayor for the last two decades has tried to jump-start Detroit by reviving its crumbling downtown. In the 1990s, Dennis Archer erected stadiums and casinos. His successor, Kwame Kilpatrick (now serving time on federal extortion and racketeering charges) hosted mega-events.... Since then, however, things have only gotten worse as more residents have fled and city services...
  • 74% of small businesses will fire workers, cut hours under Obamacare

    07/17/2013 10:47:30 AM PDT · by grundle · 13 replies
    Washington Examiner ^ | JULY 16, 2013 | PAUL BEDARD
    Despite the administration's controversial decision to delay forcing companies to join Obamacare for a year, three-quarters of small businesses are still making plans to duck the costly law by firing workers, reducing hours of full-time staff, or shift many to part-time, according to a sobering survey released by the U.S. Chamber of Commerce. "Small businesses expect the requirement to negatively impact their employees. Twenty-seven percent say they will cut hours to reduce full time employees, 24 percent will reduce hiring, and 23 percent plan to replace full time employees with part-time workers to avoid triggering the mandate," said the Chamber...
  • Email-Hate Mail: Liberals Put the "Moron" in the Oxymoron "Government Subsidies"

    06/23/2013 3:43:23 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | June 23, 2013 | John Ransom
    dhensley813 wrote: The city of Chicago really had no option but to curtail the benefits of retirees. It's not as bankrupt as Detroit, but it was getting there. Obamacare wasn't so much the reason the city cut retiree insurance, as the excuse it gave them to say that they weren't really being dropped. - Obama Solves Mass-Layoff Problem by Laying Off Mass-Layoff Statistics Guys at BLS Dear Comrade 813, I think they had no choice once they negotiated a contract that allowed retirees to have benefits that the city knew it couldn’t afford. That’s outrageous enough. But to make matters...
  • Obama Solves Mass-Layoff Problem by Laying Off Mass-Layoff Statistics Guys at BLS

    06/22/2013 3:47:34 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | June 22, 2013 | John Ransom
    The “Help Wanted” sign is out again in America. But it’s not what you think. A report from the newswire Reuters says that massive hiring is in effect for Obamacare with state and federal agencies hiring both directly and issuing grants to community organizations to act as kind of insurance agents, signing up as many people to Obamacare as possible under the law. “State offices that will run insurance exchanges are hiring tens of thousands,” reports Reuters, “either on staff or through outsourcing firms. Federal agencies that are key to implementing the law, such as the Internal Revenue Service, plan...
  • Ex-Communist Spy Chief Says Europeans Have a “Dependency Mentality”

    06/17/2013 7:07:09 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | June 17, 2013 | Daniel J. Mitchell
    Although he implemented a flat tax in Russia, I don’t think of Vladimir Putin as a supporter of free markets. Heck, he was head of the KGB during the communist era, and he presides over a country that is more known for cronyism rather than competitive markets. So if he criticizes European nations for having excessive welfare states, it’s like being called ugly by a frog. Here are some of the amusing details from Euractiv.com. He’s no Milton Friedman, but he’s right about the welfare state Russian President Vladimir Putin, speaking ahead of the G8 Summit in Northern Ireland on...
  • Other than Obama and Krugman, Is there Anybody Who Still Thinks Bigger Government Is Good for Growth

    06/16/2013 4:02:08 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | June 16, 2013 | Daniel J. Mitchell
    I’ve repeatedly explained that Keynesian economics doesn’t work because any money the government spends must first be diverted from the productive sector of the economy, which means either higher taxes or more red ink. So unless one actually thinks that politicians spend money with high levels of effectiveness and efficiency, this certainly suggests that growth will be stronger when the burden of government spending is modest (and if spending is concentrated on “public goods,” which do have a positive “rate of return” for the economy). I’ve also complained (to the point of being a nuisance!) that there are too many...
  • 'Hidden' Economy in Silicon Valley Built Without Advanced Degrees

    06/10/2013 8:52:11 AM PDT · by nickcarraway · 12 replies
    San Jose Mercury News ^ | 06/10/2013 | Lisa M. Krieger
    Silicon Valley is world-renowned for the Nobel Prize winners and MacArthur "geniuses" behind theoretical breakthroughs in science, technology, engineering and math. Less well-known are people like Patrick Pickerell, a high school dropout whose $10 million-a-year Pleasanton metal manufacturing company is powered by people with no university credentials but plenty of math and fix-it skills -- ingredients essential to innovation. A new report, "The Hidden STEM Economy," reveals that a university degree is not required for 27.5 percent of all jobs in the San Jose area in the fields of science, technology, engineering and math. The number is even higher --...
  • The "French Way of Life" on Collision Course with Germany

    06/09/2013 5:23:55 AM PDT · by Kaslin · 17 replies
    Townhall.com ^ | June 9, 2013 | Mike Shedlock
    I received still more emails from French and Canadian readers on preserving culture. Since it's a slow news day, let's take a look at them. Olivier writes "Wouldn't a true conservative pay at least some respect to local cultural norms instead of trying to impose some economic diktat from on down?" Talk about getting things ass backwards. It is the social police attempting to impose cultural and economic diktats to preserve the local bookstore and the local farm to the point of absolute absurdity. Email From Canada Reader Mike from Canada writes ... Hi Mish, I totally agree with the...
  • Are ObamaCare's 'Markets' Doomed To Fail?

    05/24/2013 4:55:56 AM PDT · by IBD editorial writer · 21 replies
    Investor's Business Daily ^ | 05/24/2013 | IBD Staff
    Industrial Policy: What if government created an insurance "marketplace" and no one came? As the launch of the ObamaCare insurance exchanges draws near, that could happen — bringing the reform crashing to the ground. The premise of ObamaCare's exchanges was that they would provide individuals and small businesses a choice of many competing health plans. And because the plans all have to provide the same benefits, consumers would be able to shop around for the best deal. But evidence is piling up that the law won't live up to this promise, as insurance companies, small businesses and individuals seek to...
  • Health insurance tax ‘scares the daylights’ out of some small-business owners

    05/13/2013 1:45:59 PM PDT · by SeekAndFind · 20 replies
    Washington Post ^ | 05/13/2013 | J.D. Harrison
    Many small-business owners worry that a new tax on insurance providers in the health-care law will mean higher premiums for them, undermining the law’s capacity to lower their health-care costs. Starting next year, the federal government will charge a new fee on health insurance firms based on the plans they sell to individuals and companies, known as the fully insured market. Meanwhile, the provision exempts health-insurance plans that are set up and operated by businesses themselves (the self-insured market). Revenue from the tax will help pay for the health-care overhaul, which is expected to extend coverage to millions of uninsured...
  • They Are Murdering Small Business: The Percentage Of Self-Employed Americans Is At A Record Low

    05/05/2013 8:41:57 AM PDT · by SeekAndFind · 10 replies
    TEC ^ | 05/03/2013 | Michael Snyder
    The percentage of Americans that are working for themselves has never been lower in the history of the United States. Once upon a time, the United States was a paradise for entrepreneurs and small businesses, but now the control freak bureaucrats that dominate our society have created a system that absolutely eviscerates them. This is very unfortunate, because by murdering small business, the bureaucrats are destroying the primary engine of job growth in this country. One of the big reasons why there are not enough jobs in America today is because small business creation is way down. As I mentioned...