Bogus Claims About Small Business and the Bush Tax Cuts for the Top 2 Percent

The debate about the Bush tax cuts for the top 2 percent of income earners (with annual household income over $250,000) is heating up in Washington, DC, and with it the rhetoric about how ending these special breaks might affect small businesses.

Indeed, opponents of ending the special breaks at the top are making doomsday claims about potential negative impacts on small businesses. They’ve even funded a “study,” based on wild assumptions, to manufacture convenient figures to support their claims about possible job losses. Read more

ACA Decision: Much at Stake for Small Businesses

Millions of small business owners, and their tens of millions of employees, will be greatly impacted by tomorrow’s US Supreme Court ruling on the Affordable Care Act.  The enormous benefits that the ACA provides–expanding coverage options, lowering costs and giving consumers, not insurance companies, control over their own health care, to name a few–hang in the balance.   Read more

Does the NFIB represent small business…or big special interests?

Cross-posted from Public Campaign website.

Analysis by Public Campaign and Alliance for a Just Society

The National Federation of Independent Businesses (NFIB), heralded as the “voice” of America’s small businesses, has received renewed scrutiny due to its role as the lead plaintiff in the lawsuit to throw out the Affordable Care Act, which awaits a decision from the Supreme Court on Thursday.  Read more

Two Banking Regulations on Small Business Wish List

Mere days before National Small Business Week kicked off it was revealed that JP Morgan Chase and CEO wonder boy Jamie Dimon lost $2B (now $3B by some estimates) on derivative trades meant to mitigate risk. This was a stark reminder for small businesses that nearly 4 years after the economic collapse wreaked havoc on local economies and small business, there are still significant gaps in the regulatory fabric. Read more

Move to Amend is Moving In Oregon

From the Main Street Alliance Website:

Main Street Alliance of Oregon has been surveying business owners throughout Oregon and is finding strong interest in electoral reform. Currently around eight in ten business owners feel the Citizens United Supreme Court decision, freeing corporations to spend unlimited sums of money in elections, is bad for small business. And seven in ten would support a constitutional amendment declaring that corporations are not people and money is not speech. Read more

New Main Street Alliance Video: Foxes Guarding the Hen House

The Main Street Alliance has a great new video highlighting the dominating role insurance companies are playing in state health insurance policy.   “Foxes Guarding the Hen House”  is part of MSA’s ongoing campaign to ensure that the health insurance exchanges that are created in each state work for small businesses.   Read more