December 29, 2017
The South Carolina Small Business Chamber of Commerce (SCSBCC) had a very busy and successful 2017
Now it’s time for 2018 and most of our 2017 issues will be carried into the new year.
Retirement Plan for Employees
SCSBCC will continue to work with AARP South Carolina and other organizations to develop a statewide 401(k) retirement investment program that small businesses can voluntarily offer to employees at no cost other than payroll deduction.
Offshore Oil Exploration and Drilling
SCSBCC will continue to oppose seismic testing and drilling for oil off our coast while also providing the leadership to the Business Alliance for Protecting the Atlantic Coast to do the same for all the Eastern seaboard.
SCSBCC will continue its role in solving the SCE&G/Santee Cooper nuclear plants construction debacle. Our goal will be recovering for all the consumers’ the additional electricity costs they have paid since 2009 for the now abandoned plants and stopping future collection of increased electricity rates to pay for the failed construction project.
Utility Regulatory Reform
SCSBCC will be a strong business advocate for utility regulatory reform to insure that the nuclear plants financial disaster never happens again to the consumer.
Other issues, like the cost of health insurance, will surely present themselves in 2018. SCSSBCC will always look for opportunity to work for our small businesses at the state and national level.
Small Business Get Crumbs in GOP Tax Reform
With a massive corporate tax cut now signed into law by the president, there are some in Washington wondering why small businesses are not grateful. The public was told by the president and Republicans in Congress that wages would be increased and new jobs added by the entire business community if the tax bill, which cuts the corporate tax rate by 40 percent, became law.
However, that’s not the small business reaction. It’s not that small businesses are unappreciative of the need for tax reform. It’s that they feel their voices weren’t respected in the process and their needs are not addressed in the final law. Why do they feel that way? Witness the numbers.
Happy New Year!