Federal Government

Do BIG corporations pay their fair share of taxes?

A new analysis by Oxfam of the 50 largest public US companies sheds light on just how rigged the tax system has become and shows that these same companies are using considerable political influence to push for even greater rewards in the forms of loans, bailouts and other government support. The analysis highlights the vast […]

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Press Statement March 20, 2016 Contact: David Levine, 917-359-9623 Frank Knapp Jr., 803-600-6874 The NFIB does not represent all small businesses says the American Sustainable Business Council Today on Fox News Sunday, Senate Majority Leader Mitch McConnell is quoted as saying, “I can’t imagine that a Republican majority in the United States Senate would want

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City of Columbia helps small businesses hurt by the flood the right way

Last week the City of Columbia announced that it had awarded five small businesses no-interest loans to help them recover from the flood last fall. Each of the businesses received $10,000 to help with their recovery.  The loans must be repaid within two year and can be used for any flood-related loss. At the recent

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5 Ways Government Policies Help Business Innovation

Sorry I have been AWOL this week with this blog.  Monday and Tuesday were consumed with preparing for the visit of the SBA National Ombudsman, Brian Castro.  In January I was appointed to the U.S Small Business Administration’s Region IV Regulatory Fairness Board by SBA Administrator Maria Contreras-Sweet.  This Board advises the Office of the

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Many of America’s Most Profitable Corporations Pay Little or No Federal Income Taxes; Multinationals Pay Higher Rates Abroad Than in the U.S.

Washington, D.C. – A comprehensive, five-year study of 288 profitable Fortune 500 companies finds that 26 paid no federal corporate income tax over the five-year period; 111 paid no federal corporate income tax in at least one of the last five years, and one-third paid a U.S. tax rate less than 10 percent over the same period,

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“Giant sucking sound” is back

Ross Perot coined the phrase “giant sucking sound” in the Presidential debates of 1998.  He was talking about the jobs he predicted (correctly) that would leave the United States in the search for cheaper labor if we passed NAFTA. Today’s giant sucking sound is the $25 billion not going into our economy if Congress doesn’t

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Senate filibuster, Boehner and pics

Here are some reflections on two significant events in Washington last week concerning Senate productivity and Obamacare. The Senate voted to return some degree of democracy to that chamber.   Senate Majority Leader Harry Reid allowed a simple majority of the Senate to approve allowing Presidential nominations (other than for the Supreme Court) to be approved

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Reid proposes government shutdown solution to Boehner

Here is a link to a letter that Senate Majority Leader Harry Reid sent this afternoon to Speaker of the House John Boehner in which Senator Reid proposes a solution to the ongoing federal government shutdown. http://democrats.senate.gov/wp-content/uploads/2013/10/lettertoboehnershutdown.pdf UnConflicted is the small business advocacy blog of Frank Knapp, Jr., President & CEO of the South Carolina

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