About 15 Congressional staff and 15 others attended a briefing yesterday at the U.S. Capitol. They were there to learn more about how tax haven abuse by U.S. based multinational corporations is harming our country. The event was sponsored by the FACT (Financial Accountability and Corporate Transparency) coalition.  I was invited to speak to […]
Talking tax haven abuse at the U.S. Capitol Read More »
When you’re mailing in your tax returns on Monday, they’ll be plenty of big multinational corporations laughing at you. –Boeing Corporation from 2008 to 2010 had total pre-tax profits of $9.7 billion but did not pay a dime of its profits in federal taxes. –Between 2006 and 2010, General Electric told their shareholders they had
Tax day comes for us but not for them Read More »
Amazon.com is scared. Scared that if it is forced to follow the laws that apply to every other small business retailer, it can’t compete. Not only here in South Carolina, but across the country. So the business plan of the company is to force states to make exceptions to tax laws. Amazon does this by
Amazon.com’s business plan revealed Read More »
Today the Greater Lexington Chamber and Visitors Center will be holding a press conference to show its support for Amazon.com locating in Lexington County. This is certainly good economic news for that county and for the Midlands. The 1250 full-time jobs Amazon.com says it will create are welcomed. The South Carolina Small Business Chamber of Commerce
Amazon.com: The bigger picture Read More »
Amazon.com wants you to buy from them and not from our local small businesses. And the company wants to use your tax dollars to make that happen. That’s what all the controversy is about over the proposed sales tax exemption for a new Amazon distribution center in Lexington County. Should the state create an unlevel
Selling Small Businesses down the Amazon Read More »
The opponents of health care reform are at it again. U.S. House Republicans saw their first general effort to repeal the Affordable Care Act (ACA), H.R. 2, go down in flames in the Senate. So now they are attacking a specific part of the ACA trying to undermine a popular benefit. This week a House
Health insurance tax credits threatened Read More »
The South Carolina Small Business Chamber signed on to the following letter sent to two to the country’s largest tax preparer companies, H&R Block and Jackson Hewitt Tax Service, encouraging them to educate their clients about the small business health insurance tax credits available starting in 2010. This is but one of the ways the
Health insurance tax credits available Read More »
The below opinion editorial by SCSBCC president Frank Knapp, Jr. ran in the Augusta Free Press, The Ellis County Press (TX), Manufacturing Digest, NJ Today. —————————————————————————————————- Egypt: A warning for U.S. Democracy By Frank Knapp, Jr. Make no mistake about it – the peaceful Egyptian revolution was brought about by the workers and small business
Egypt: A warning for U.S. democracy Read More »
When I heard that President Obama was going to address the U.S. Chamber of Commerce and all the news commentators said that it was his effort to get back in the good graces of the business community, I cringed. The U.S. Chamber doesn’t represent the business community. It represents the BIG and multi-national business community.
Create jobs here, not there Read More »
Action Alert!! Call 866-922-4970 Oppose $4 Billion Tax Increase on Small Business Small businesses across South Carolina are taking advantage of new tax credits for offering health insurance to their employees. The new healthcare law put aside $4 billion this year for this effort to make health insurance premiums more affordable for small business. But
Oppose small business tax increase Read More »
