Trumpcare Tramples Small Businesses

GOP repeal bill strips health care from millions to finance $600 billion tax giveaway to corporations, wealthiest. Small business owners say this bill is not only immoral, but also hurts their businesses. 

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Trump's Tax Plan: No Country for Small Business

The Trump Administration released an outline today of its plan to reform the corporate tax code. In general, the plan offers huge tax cuts for corporations and high-earning individuals - its cornerstone reform is a corporate tax rate cut from 35% to 15% - with changes to deductions that are nowhere near enough to offset the cost.

Amanda Ballantyne, the National Director of Main Street Alliance, released the following statement:

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Small business owners make their voices heard in Washington

President Trump’s health care and tax policies burden Main Street

Washington, DC -- Today, small business owners stood with more than a thousand allies in protesting President Trump’s policies that are hurting their businesses and communities.

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MEDIA ADVISORY: New Report on Access to Capital

A new Woodstock Institute report, Patterns of Disparity: Small Business Lending in the Buffalo and New Brunswick Regions, shows that small businesses in lower income and minority areas are less likely to get a loan.

Join us for a public briefing about the report. Call-in details below.




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Rep. Ellison and Small Business Owners Say The Trump Budget benefits corporations and the wealthy, leaving out the needs of small businesses

TOP LINE: Ahead of tax day 2017, US Representative Keith Ellison and Minnesota State Representative Erin Murphy met with 15 Main Street Alliance Minnesota small business owners to talk about critical issues for small business owners when it comes to national and local budget plans.


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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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