You’re not alone. Congress has been working furiously to pass tax reform legislation by the end of the year. The proposals put forth by the House and Senate hold big changes to business tax rates—but with lawmakers introducing new proposals at lightning speed, how can small business owners keep up and understand what it […]
Unsure How Tax Reform Could Impact Your Small Business? Read More »
The Hill November 14, 2017 By Ron Busby, Opinion Contributor If the 2016 election was a referendum on the economy, you’d think lawmakers would put job creation and our nation’s long-term economic viability at the heart of their plans to overhaul the tax code for the first time in three decades. They’re not. Instead, they
Tax plan gives Big Business a big handout at expense of small firms Read More »
Today House Republicans released their proposed changes to the nation’s tax code. One highly controversial change that was being proposed by GOP Congressional leaders has been dropped at this point. The House bill makes no change to the 401k plans that allow individuals, many of whom are small business owners, to set aside up to $18,000 in pre-tax
House backs off changes to 401k contributions Read More »
(One last important message about big businesses not paying their fair share of taxes from my friend Scott Klinger.) Common Dreams April 15, 2016 By Scott Klinger As Americans put the finishing touches on their taxes, it’s a good time to look at the taxes highly profitable U.S. corporations don’t pay. Even though corporations are
Five Taxpayer-Supported Corporations that Paid Their CEOs More than Uncle Sam Read More »
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
Do BIG corporations pay their fair share of taxes? Read More »
The Hill April 15, 2016 By Rosalind McCallard Like a lot of small business owners at tax season, I’m rushing to get my returns in on time. But big corporations can take it easy: they get to decide when, if ever, to pay $700 billion in U.S. income taxes they owe on trillions of dollars of profits
Small businesses pay their taxes: Why don’t big corporations? Read More »
We’re looking for a South Carolina small business owner to join me in Washington April 11-13 to meet with members of Congress. We’ll be urging them to take action on two issues: -Tax fairness (ending inversions, offshore and other egregious loopholes that allow multinational corporations to pay little or no federal taxes) -Corporate transparency –
Do you want to help tell Congress to make big business pay its fair share of taxes? Read More »
Living in South Carolina you get use to the state ranking at the bottom of good things and at the top of bad things. Recently, our state was ranked number one in the rate of women murdered by men. So when South Carolina is ranked at the top of a good list, we should recognize
Finally, South Carolina ranks high on a good issue Read More »
“When Walmart dodges billions in taxes the rest of us are forced to pick up the tab,” said Frank Clemente, executive director of Americans for Tax Fairness. “It means higher deficits, higher taxes on American families and small businesses, or slashed budgets for services we count on.” Sign the petition asking Walmart President & CEO
New Report: Walmart Avoids Billions In U.S. Taxes Read More »
Knapp, of the American Sustainable Business Council, was blunter: “Nobody likes a freeloader, and that’s what small business owners feel these big U.S. corporations are doing with their inversions — freeloading on the backs of the rest of us.” Read the whole story at Remapping Debate.
Was I too hard on them? Nah! Read More »
