PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Small Business Insider

August 17th, 2021 by

by Raymond J. Keating – Raising taxes as the economy tries to recover from a pandemic is not a smart idea. Small business owners certainly understand this bit of economic common sense. Unfortunately, politicians often lack economic common sense, and hence, we have President Joe Biden and assorted Members of Congress looking to inflict additional […]

August 17th, 2021 by

By Karen Kerrigan – Never doubt the ingenuity of American entrepreneurs or those who see a business opportunity in the marketplace. Even in the midst of a pandemic, Americans across the country – in record numbers – are starting their own businesses. For example, recent data found that there were 492,333 new business applications in […]

August 9th, 2021 by

  by Raymond J. Keating – If one thinks that class warfare and increasing government spending are essentially all that truly matter regarding the impact of taxes, then why wouldn’t you favor all kinds of tax increases? That is the case with the Biden administration and many in Congress, including plans to increase the burden […]

August 6th, 2021 by

by BARBARA WELTMAN –  Kiplinger forecasts that the child tax credit payments being sent to parents each month from July through December will support more consumer spending at holiday time this year. Nonetheless, Clutch predicts that will be much harder for small businesses to compete with large companies (last year the top 100 online retailers accounted for 74.1% of […]

August 5th, 2021 by

by Raymond J. Keating –  Small businesses have been devastated during this pandemic. But certain signs point to a hopeful recovery in entrepreneurship. First, new business applications continue to run at levels well above where they were pre-pandemic, according to the latest report from the U.S. Census Bureau. Even with a decline in June, new […]

August 2nd, 2021 by

BY KAREN KERRIGAN –   On July 22, SBE Council hosted a virtual briefing: The State of Small Business and Startups in the Digital Economy. The nation’s leading small business experts, policy leaders, advocates and small business owners discussed the growth of the digital economy under COVID-19 restrictions and lockdowns, and the critical role technology played […]

August 2nd, 2021 by

by Raymond J. Keating – Labor unions in the U.S. offer a fascinating case study of special interest politics. And it comes to the forefront with the Protecting the Right to Organize Act, or PRO Act, passing the U.S. House of Representatives and being pushed by President Biden. The Decline of Union Membership Labor union […]

July 30th, 2021 by

By Karen Kerrigan – Once again, small business grabbed the number one spot when it comes to Americans’ confidence in institutions. In a blog post, SBE Council chief economist Ray Keating covers the findings of Gallup’s annual survey, which I also discussed on a recent Growth Without Barriers podcast. On the podcast, I reviewed specific […]

July 29th, 2021 by

Business Groups Express Concern About Unwieldy IRS Reporting Proposal In a joint letter to congressional leaders, a broad coalition of business groups – including SBE Council – objected to a broad and untargeted Treasury Department proposal, which would require financial institutions to report to the IRS on the deposits and withdrawals of all business and personal […]

July 29th, 2021 by

by Raymond J. Keating –  The Federal Reserve remains blissfully oblivious as inflation runs hot. In the latest Federal Open Market Committee (FOMC) statement on monetary policy, the Fed made clear that it is undeterred in continuing to run historically loose monetary policy. As noted in the FOMC statement, the Fed declared, “Inflation has risen, […]

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