Tomorrow at 9 a.m. at the State House in Columbia, citizens will gather in an Occupy Columbia rally. The event will go on all day if not beyond. Yesterday, Occupy Spartanburg took place. The event inspired an NPR report that tells about the desperate job situation in Spartanburg that reflects what is happening in many […]
Occupy Wall Street comes to South Carolina Read More »
A procedural vote this week, possibly even today, in the US Senate will determine if President Obama’s American Jobs Act even gets to be debated on the Senate floor. The bill doesn’t have a chance of passing the Senate because it, as most legislation now, can’t get the 60 votes needed to overcome a GOP
Millionaire defenders club Read More »
Sorry for the lack of personal posts this week. I was in DC Wednesday and Thursday for the American Sustainable Business Council annual meeting. I’ve been honored to serve as Vice Chair of the Board. We had some great meetings the first day hearing from representatives from the EPA and the President’s economic team. That
What federal regulations have been enacted in the last three years that have been documented to have killed jobs? That was the question I asked a Washington Post reporter yesterday when she called. She was doing a story on the U.S. Chamber’s complaint about “job-killing” regulations. In response to my question she said that all she
What is really killing jobs? Read More »
Dear Member of Congress: We urge you to reject calls for a “repatriation tax holiday” allowing U.S.multinational corporations to bring home offshore profits at a reduced tax rate. The proposed repatriation holiday is, pure and simple, an attempt by a few multinational corporations to dodge their rightful tax obligation. It is a tax avoidance measure
We Urge You to Reject Calls for a “Repatriation Tax Holiday” Read More »
Read these words and guess who said them. “My job is to put food on the table for people…creating a middle class….It’s the right thing to do….What keeps me up at night is poverty and unemployment” Do you think President Obama or some other high-profile Democratic Party official said these words? Maybe it was some
The importance of a middle class Read More »
By Frank Knapp, Jr. The Hill’s Congress BlogSeptember 21, 2011 President Obama’s call for cutting the deficit by $3 trillion includes the roll back of the Bush-era tax cuts on the top income tax brackets, a move expected to bring in about $800 billion over the next 10 years. As expected the defenders of
Let upper-end Bush-era tax cuts expire Read More »
By JOE NOCERAThe New York TimesSeptember 20, 2011 What if everything that is happening in Washington right now is just meaningless noise? What if the Obama jobs plan, the coming deliberations of the supercommittee, the debate over taxing millionaires — what if none of it is likely to make a whit of positive difference for
Bank of America’s recent announcement of its intention to eliminate 30,000 jobs over the next few years has caused some concerns in the bank’s home-town of Charlotte. How many of the company’s 15,000 Charlotte employees will be affected we don’t know. But if that community is worried today, just think of the panic there would
BofA should make an even better business decision Read More »
In my blog on Monday, I made the following observation about the job tax credits within the President’s proposed American Jobs Act. Tax credits are taken when tax returns are prepared, not at the time of hiring. If a business doesn’t have the capital to do the initial hiring, the tax credit months later won’t
Cash flow and job tax credits Read More »
