We have heard a lot about uncertainty and lack of confidence in the last 2 1/2 years. Small companies and their owners have been paralyzed by regime uncertainty regarding future costs of healthcare, regulation and taxes. The discretionary power the federal government has used since the election of Barack Obama is the primary source of regime uncertainty and the cause of the paralysis of capital throughout the economy. It is not a coincidence that big business, those companies with the
A letter to his employees from a small business owner #TCOT
Here is what many of you don't understand ... to stimulate the economy you need to stimulate what runs the economy. Had suddenly government mandated to me that I didn't need to pay taxes, guess what? Instead of depositing that $288,000 into the Washington black-hole, I would have spent it, hired more employees, and generated substantial economic growth. My employees would have enjoyed the wealth of that tax cut in the form of promotions and better salaries. But
In a wide-ranging Oval Office interview, President Barack Obama takes aim at the perception that he and his Administration are anti-business Obama: "We want and need more input from the corporate community" Photograph by Marco Grob Obama of all people should know that perception is reality, and that sometimes perception matches reality. Listening to the President you might think that his low poll numbers and dead-in-the-tracks agenda are the result of a "misunderstanding".
Dec 8 MyBusiness.com Today President Obama outlined a series of initiatives designed to spur job growth—particularly by small business owners. "Where was this proposal more than a year ago when the economy nose-dived?" you're probably thinking. And you're right, but so is the saying better late than never. As outlined in this New York Times article, the proposals include a tax credit and a temporary elimination of capital gains for small businesses that create new jobs. Obama
