Capital Gains Tax and Small Business

Recently, Senator Ron Wyden published this OpEd in USA Today: Trump's capital gains tax idea is handout to the rich, broken promise to workers

Sen. Wyden demonstrates how little Trump’s proposed capital gains tax will benefit the majority of people living in our country. Instead of growing the Main Street economy, Trump’s plan will only further line the pockets of CEOs and the wealthiest one percent and siphon from essential programs like affordable healthcare, Medicaid, food assistance, and Social Security.

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MSAMN Gubernatorial Roundtable with Small Business Owners

Main Street Alliance - Minnesota Hosts Gubernatorial Roundtable with Candidates and Small Business Owners

ST PAUL, MN —  Today, 20 Twin Cities small business owners met with gubernatorial candidate Erin Murphy to discuss her views on paid family leave, economic development, and other ideas for growing small businesses in Minnesota.

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Press Release: SCOTUS Janus Decision Hurts Small Businesses, Workers and Our Main Street Economy

Small businesses support a strong role for organized labor in the Main Street economy.

Washington, DC – In response to the Supreme Court decision in Janus v. American Federation of State, County, and Municipal Employees, Council 31, Amanda Ballantyne, national director of Main Street Alliance released the following statement:

"Unions help level the playing field for working families by allowing workers to join together to negotiate working conditions with their employers. They lift working families out of poverty and helped create a strong middle class. Unionized public sector jobs, in particular, opened opportunities for African Americans and for women of all races. Small businesses rely on the economic stability and spending power of working families in their communities. By weakening the bargaining power of labor unions, and allowing “free riders” to benefit from the union without supporting it’s work, the Supreme Court’s decision in Janus will not just hurt working families, it will also hurt Main Street small businesses.”

The time for business as usual is over

The time for business as usual is over.

On Tuesday, June 19, amid national uproar over his immigration policies, President Trump joined the National Federation of Independent Business (NFIB), a big lobby purporting to represent small business, for a polite lunch and opportunity to tout his “zero tolerance” against people seeking asylum. The NFIB audience members applauded eagerly as Trump doubled down on his bid to hold immigrant families hostage to his divisive agenda.

But real Main Street small business owners are not clapping. We are appalled.

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Press Release: DOJ Continues Trump Administration’s Sabotage of Health Care for Tens of Millions

The Administration Refuses to Protect People with Preexisting Conditions, Threatening the Health of Main Street Small Businesses Owners, their Employees, and the Vitality of the Small Business Sector

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Press Release: SCOTUS Rules on Masterpiece Cakeshop

SCOTUS Decision: Businesses Open to Public Must be Open to All

Main Street Businesses remain committed to fight for equality

WASHINGTON - Today the U.S. Supreme Court issued a narrow ruling in Masterpiece Cakeshop v. Colorado Civil Rights Commission. In this case, Masterpiece Cakeshop refused to bake a wedding cake for a same-sex couple, claiming a right to discriminate based on religious belief. The Colorado Civil Rights Commission ruled that this refusal violated Colorado’s public accommodations law. The bakery’s appeal, reached the U.S. Supreme Court

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In House hearing, small business owners respond to the Republican tax law

From coast to coast, small business owners are speaking out about how the GOP tax law hurts them

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CFPB Payday Rule Survives Legislative Threat, Remains Intact For Now

Small business owners urge consumer bureau to preserve and enforce the rule, protect consumers against payday lending debt trap

WASHINGTON, DC - Congressional Review Act (CRA) resolutions—S.J. Res 56 and H.J. Res 122—to repeal the Consumer Financial Protection Bureau’s (CFPB or consumer bureau) payday and car title lending rule will not advance in Congress, as their legislative clock expired yesterday. The CFPB rule, finalized in October, establishes basic consumer protections on these 300% or more interest loans, including the common-sense standard that lenders should have to verify a borrower’s ability to repay before making the loan. Consumer and civil rights advocates, including the Main Street Alliance, are urging the consumer bureau to keep intact the rule, which is set to into effect summer 2019, and to fulfill the bureau’s responsibility to enforce the law.

The CRA is a fast-track legislative tool that allows lawmakers to undo federal regulations years in the making without public hearings with a simple majority vote in both the House and Senate. If invoked, the CRA prohibits a federal agency—like the consumer bureau—from rolling out regulations substantially the same as those it reversed. Since neither chamber brought the payday rule resolutions to a vote during the limited time allotted for a CRA challenge, the important rule was not overturned.

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Businesses Praise Senators Markey’s and Schumer’s Action to Preserve Net Neutrality

ASBC Contact: Bob Keener, 617-610-6766,
Engine Contact: Evan Engstrom, 415-570-4455,
Main Street Alliance Contact: Angela Simaan,
Small Business Majority Contact: Simon Brown, 202-535-3229,

Washington, DC – In advance of today’s expected U.S. Senate discharge petition to reverse the Federal Communications Commission’s repeal of net neutrality protections, businesses and business groups released statements supporting net neutrality and the action by Senators Markey and Schumer.

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Main Street Businesses’ Early Impressions of the New Tax Law

WASHINGTON, DC -- Ahead of the Senate Finance Committee’s hearing today, ‘Early Impressions of the New Tax Law,’ and in response to the nonpartisan Joint Committee on Taxation’s report for the hearing, Amanda Ballantyne, National Director of the Main Street Alliance, a network of small business owners, released the following statement:

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