Small businesses shouldn’t pay a higher tax rate than multinational corporations

new Pew poll confirms most Americans agree with Main Street Alliance small business owners: corporations and the wealthy don’t pay enough in taxes. The survey shows that 62 percent said they are bothered “a lot” that corporations don’t pay their fair share, and 60 percent say the rich don’t pay enough.

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With tax reform looming, small business owners get behind a bill that ends offshoring

The current tax code is riddled with loopholes that enable large, multinational corporations to avoid or evade paying taxes, which shifts their tax responsibilities to small businesses and average taxpayers. Today, Rep. Mark Pocan (D-WI) introduced new tax legislation that aims to close those major offshore tax avoidance loopholes.

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Getting Rid of Anonymous Shell Companies Would Help Local Businesses

Anonymous shell companies tilt the playing field against small and local businesses. 

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Ahead of House hearing, small businesses support Dodd-Frank and CFPB

On Wednesday April 5, the House Financial Services Committee will hold its semi-annual hearing on the Dodd-Frank Act and Consumer Financial Protection Bureau (CFPB). Congressional Republicans typically take the opportunity to ask Director Richard Cordray pointed questions about Dodd-Frank and the CFPB, usually invoking small businesses in their opposition.

Ahead of the hearing, Main Street Alliance, a national network of small business owners, and 17 other organizations sent a letter to Congress in support of the Dodd-Frank Act. The letter highlights the benefits of Dodd-Frank and the CFPB for small businesses.

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Panama Papers Highlight Problem with Shell Companies

With the release of the Panama Papers and independent investigations into the prevalence of anonymous shell companies in Oregon, the evidence has proven too overwhelming for Sen. Ron Wyden to ignore. The senator acknowledges how close to home the issue hits, stating "(W)e have a problem with shell companies right here in our own backyard."

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MSA business owner testifies in the House

Main Street Alliance Executive Committee member David Borris, owner of Hel's Kitchen Catering in Northbrook, Illinois, testified before the House Small Business Committee on March 22, 2017 in a hearing about "Making Washington Work for America's Small Businesses."

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GOP cripples small business owners’ ability to save for the future

Washington, D.C. – Senate Republicans today narrowly repealed a regulation that made it possible for cities to administer retirement plans commonly known as Secure Choice, and are likely to repeal the accompanying state-level rule as well. These repeals hurt small businesses and their employees for no reason other than to benefit mutual fund companies that don’t want competition from more transparent, lower-cost plans set up by local government.

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Small Businesses Demand a NO Vote on AHCA

Small business owners from across the country came to Washington, DC this week to demand their Congressional representatives vote no on the American Health Care Act (AHCA). 

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H.R. 1101 hurts small businesses' health care

Main Street Alliance small business owners oppose the "Small Business Health Fairness Act" (H.R. 1101). 

 

 

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