Federal tax reform hurriedly pushed through Congress in late 2017 and signed into law in December of that year was to give every American family a $4000 pay raise by cutting their taxes. Remember that? To anyone who was really paying attention to what was in the new law, that…
Small business, middle class still losers in lame duck tax proposal
FOR IMMEDIATE RELEASE Contact: Conan Knoll conan@emcstrategies.com (831) 524-6764 Statement by Frank Knapp, Jr. co-chair of Businesses for Responsible Tax Reform and founder and CEO of the South Carolina Small Business Chamber of Commerce Washington, D.C., Nov. 29, 2018—The strong push-back against the new tax law, which culminated in ousting the Republican…
Americans Have Spoken—Now it’s Time for the New Majority in the House of Representatives to Create a Tax Bill that Helps Small Businesses and the Middle Class
FOR IMMEDIATE RELEASE Statement by Frank Knapp, Jr. co-chair of Businesses for Responsible Tax Reform and founder and CEO of the South Carolina Small Business Chamber of Commerce Washington, D.C., Nov. 7, 2018—On Election Day Americans made their feelings about the misguided tax law known when they gave House Republicans who voted…
Opinion: Politicians Sold Small Business a Bill of Goods on the Tax Law
Inside Sources, October 30, 2018 Las Vegas Sun, November 1, 2018 By Frank Knapp Jr. Once again, politicians promised economic glory to small-business owners and the public on tax reform, but instead delivered a deficit that has exploded by 17 percent with the bill coming due for all of us.…
Tax Reform–SCE&G Rates–Offshore Oil Exploration/Drilling
Newsletter October 27, 2018 BUSY WEEK ON OUR MAJOR ISSUES Follow us on Twitter and Facebook for Faster Updates Tax Reform Tele-Town Hall Oct. 29th Businesses for Responsible Tax Reform will hold a tele-town hall on Monday, October 29th, at 9PM ET. SC Small Business Chamber CEO Frank Knapp will…
Oct. 29 Tele-Town Hall: Get the Facts About the Tax Law’s Impact on Small Business?
Dear Business Leader: The new tax law has been a boon for large corporations and a bust for small business. Most small business owners say they won’t be able to hire or give raises to employees due to the law. And many others are confused about…
Group Says Tax Reform Hasn’t Helped Small Business Owners
CPA Practice Advisor October 19, 2018 Businesses for Responsible Tax Reform, a nationwide coalition of small business leaders opposed to the tax law, released videos of three business leaders airing their frustration with the law that bypasses the needs of small business owners in favor of giving large corporations and…
As GOP weighs ‘Tax Reform 2.0,’ Nearly 9 in 10 Small Businesses Say They Have no Plans to Hire Due to Current Tax Law
With the U.S. House to pass Tax Reform 2.0 today that will lock in the inequitable treatment small businesses received from tax reform passed last December, Businesses for Responsible Tax Reform and ZipBooks today issued the below press release. FOR IMMEDIATE RELEASE Contact: Conan…
Tax cuts advertised to fuel spending on jobs, yet small business owners feel differently
ZipBooks September 13, 2018 by Victoria Beecroft 4.8% of owners said that the Tax Cuts and Jobs Act will reduce their hiring plans, 6.9% planned an increase in hiring and 88.3% had no effect on hiring plans based on a recent survey of 663 small business owners. The Tax Cuts and…
GOP Advances Bill that Ignores Small Business Needs in Favor of Playing Politics
FOR IMMEDIATE RELEASE Statement by Frank Knapp, Jr. co-chair of Businesses for Responsible Tax Reform and founder and CEO of the South Carolina Small Business Chamber of Commerce, on the House Committee on Ways and Means Vote to advance key piece of ‘Tax Reform 2.0’ legislation Washington, D.C., Sept. 13, 2018—The House…