By Frank Knapp, Jr. The Hill’s Congress BlogSeptember 21, 2011 President Obama’s call for cutting the deficit by $3 trillion includes the roll back of the Bush-era tax cuts on the top income tax brackets, a move expected to bring in about $800 billion over the next 10 years. As expected the defenders of […]
Let upper-end Bush-era tax cuts expire Read More »
In yesterday’s blog I talked about some of Dr. Douglas Woodward’s keynote address at this weekend’s South Carolina NAACP African American Economic Summit. I discussed his latest research on the important role of small business our state and the prospects for the nation’s economy. Dr. Woodward also made it clear that job creation is what
January 8, 2011USA Today By Steve Strauss The bad news is all around us and never seems to end. If it’s not Tea Party Republicans who somehow, shockingly seemed willing to allow the country to go into default before they would accept even the most basic of revenue increases, it’s a president who seems unable
Why only small business can save America Read More »
Published July 19, 2011 By Joel Wendland, Political Affairs With all of the talk about the debt ceiling and deficit reduction, small business owners may just have a good idea to close the budget gap by $1 trillion over the next decade without cutting essential services or carving out benefits for retirees and the disabled.
Close the Trillion Dollar Tax Loophole to Reduce the Deficit 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 $4 billion this year for this effort to make health insurance premiums more affordable for small business. But
Oppose small business tax increase Read More »
Are you tired of hearing all the newly elected confessing their love for small businesses, how everything they will do is for small business, how they live and die to please small business? I’m sick of it already. It’s not that I don’t appreciate the attention but it would be meaningful if all the talk
Quit with the “small business” rhetoric Read More »
With the holiday season fast approaching and customers getting ready to open up their wallets, this is really the time to remember your SC locally-owned small businesses. Please join us in our “BuySC” nonprofit action campaign. Surveys continue to show that communities with programs encouraging buying from locally-owned businesses improve the sales for those businesses
Triple the impact of your holiday dollar$ Read More »
Two phone conversations last evening and one this morning indicate that the South Carolina Department of Revenue (DOR) will suspend its controversial sales tax ruling on contract services until the Legislature addresses the issue next year. The controversy exploded upon news last weekend that DOR was trying to collect back sales taxes from certain small
DOR expected to call off tax dogs Read More »
When the S.C. Department of Revenue (DOR) told B.J. Rodgers that her Charleston business, Greenery Gallery, owed $42,000 is back sales taxes, she considered filing bankruptcy for her 24-year old business. Fortunately for us, she decided to fight back. In 2005, the General Assembly passed a package of changes to the state tax code. Much
Small business tax “ambush” Read More »
