Florence Morning News, November 12, 2019 Lexington County Chronicle, November 13, 2019 BY FRANK KNAPP JR. Guest Columnist When the Labor Department job numbers for October came out showing that 128,000 jobs were added nationwide last month, The New York Times headline was “Job Market Shows Resilience.” What the headline…
Oregon senator wants to give small businesses a tax break for hiring the first employee
USA Today November 6, 2019 By Rhonda Abrams Special to USA TODAY In my USA TODAY column in November 2009 – 10 years ago – I proposed a new idea: a tax credit for small businesses who hire their very first employee. Throughout the last decade, I’ve repeatedly advocated this “first…
Sen. Wyden’s PROGRESS Act Introduced Today Shows How Tax Reform Can Help Small Businesses and Economy
October 30, 2019 Contact: Conan Knoll conan@emcstrategies.com (831) 524-6764 Statement by Businesses for Responsible Tax Reform Co-chair Frank Knapp, Jr. on the PROGRESS Act Introduced today by Sen. Ron Wyden, which includes key BRTR policy priority Washington, D.C., October 30, 2019—Businesses for Responsible Tax Reform commends Sen. Ron Wyden (D-OR)…
Small Businesses Deserve Tax Policies that Help Them Thrive, Not Public Relations Attempts to Bolster a Failed Tax Law
FOR IMMEDIATE RELEASE October 3, 2019 Contact: Conan Knoll conan@emcstrategies.com (831) 524-6764 Statement by Businesses for Responsible Tax Reform Co-chair Frank Knapp, Jr. on a recent NFIB survey and actual small business sentiment about the Tax Cuts and Jobs Act Washington, D.C., October 3, 2019—House Ways and Means Committee Ranking…
Small-business group concerned about bill to change license rules
Florence Morning News September 26, 2019 By Matthew Christian FLORENCE, S.C. – The South Carolina Small Business Chamber of Commerce shares the concerns of Florence Mayor Stephen J. Wukela regarding a bill, proposed by state Rep. Wallace H. “Jay” Jordan, that change the way municipalities collect business license taxes. Frank…
Report: CEO pay increases 1,000% over past 40 years
MultiBriefs August 23, 2019 By Seth Sandronsky What can small businesses make of booming CEO pay? First, we look at the numbers. Lawrence Mishel and Julia Wolfe of the Washington, D.C.-based Economic Policy Institute dove deep into the data on compensation trends in the U.S. over the past 40 years.…
How bad did America’s taxpayers get screwed by the 2017 tax law?
The IRS is reporting that taxpayers, individuals and the 90% of small business owners who pay any business profit on their personal taxes, gave Uncle Sam $93 billion more in 2018 compared to 2017. The reason—the 2017 tax law that gave huge tax cuts to corporations and the uber wealthy.…
Opinion: Very Small Businesses Shed 105,000 Jobs Over the Past 3 Months. What’s Going On?
Morning Consult August 13, 2019 By Frank Knapp Jr While the Department of Labor has reported job increases over the past three months, businesses with fewer than 20 employees have lost jobs each of those same months according to the ADP National Employment Report. A total of 105,000 jobs have…
Opinion: Danger Lurks Beneath National Economic Headlines
GazetteXtra (Janesville, WI), July 11, 2019 Inside Sources, July 11, 2019 Waco Tribune-Herald, July 14, 2019 by Frank Knapp Jr. Two economic stories received big headlines the week of July 4. The Dow Jones industrial average hit a record high and the economy added 224,000 jobs in June. On the…
Opinion: May’s employment data is worse than we think
The Hill June 12, 2019 By Frank Knapp Jr., Opinion Contributor The recently released Department of Labor May report on employment revealed a shocking number: New jobs last month rose by only 75,000, dramatically below expectations. Even worse, the number of new jobs created in March and April were revised…