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Politico: GOP: Insurance tax hurts small businesses

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GOP: Insurance tax hurts small businesses By Paige Winfield Cunningham, Politico May 9, 2013 House Republicans homed in on the health law’s insurance tax Thursday, saying it’s yet another blow small businesses will have to endure as a result of the law. The health insurance tax will have calamitous effects as insurers pass down the cost to purchasers in the form of higher…

Steaming Toward the ObamaCare 'Train Wreck'

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Steaming Toward the ObamaCare 'Train Wreck' By Karl Rove, The Wall Street Journal April 18, 2013   In congressional testimony last week, Health and Human Services Secretary Kathleen Sebelius blamed Republican governors for her department's failure to create a "model exchange" where consumers could shop for health-insurance coverage in states that don't set up their own…

ACA's Full-Time Work Definition Must Change, Lawmakers, Business Owner Tell Hearing

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ACA's Full-Time Work Definition Must Change, Lawmakers, Business Owner Tell Hearing By Bloomberg BNA April 17, 2013   The Republican chairman of the House Small Business Committee, a Democratic committee member, and a small business owner testifying before the panel agreed April 17 that the definition of full-time workers used in determining whether employers will pay fines…

Jamie Dimon: Small Businesses Remain Cautious

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Jamie Dimon: Small Businesses Remain Cautious By David Benoit April 12, 2013   J.P. Morgan and its Chairman and CEO Jamie Dimon painted a bleak picture of the consumer and small business lending environment Friday morning. The bank broadly beat estimates, with a 33% jump in profit to $6.53 billion for the first three months of the year. But the boosts didn’t come from the…

CQ Roll Call: SBA: GOP Favors Spending Cuts But Frets Over Tax Impacts

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CQ Roll Call: SBA: GOP Favors Spending Cuts But Frets Over Tax Impacts By Emily Holden April 11, 2013 Fiscal conservatives are pleased that the president’s budget would trim spending on the Small Business Administration by nearly 12 percent, but Republicans say the proposal’s overall tax policy could counteract the SBA’s efforts. Obama’s fiscal 2014 request includes more than $1…

Don't Expect Growth from Small Businesses; They've Hit a Wall

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Don't Expect Growth from Small Businesses; They've Hit a Wall By Kent Hoover April 9, 2013 The little engine that could just ran out of steam -- after three months of gains, an index of small business indicators dropped in March. The National Federation of Independent Business reports its Small Business Optimism Index fell 1.3 points to 89.5. That's below the…

What Small Business Owners Are Saying About Tax Reform

| Posted in In Case You Missed It

  Tax reform has consistently been at the top of the list of priorities for small business owners. Over time our tax code has become increasingly complex and confusing and represents a burden to economic growth. Tax complexity is…