Setting up an anonymous company in the US is easy, with little paperwork and even fewer questions. These shell companies do no real business, but are often used for corrupt and criminal purposes; purposes that hurt small businesses in a number of ways. Now, Congressional lawmakers from both sides of the aisle are working together to put a stop to anonymous shell companies.
Main Street Alliance business leaders join the bipartisan call to end anonymous shell companies.
Washington Small Business Owners Call for Increased Public Investment Through Progressive Tax Structure
This week, Main Street Alliance small business owners spoke out in support of the proposed Seattle income tax.Read more
WASHINGTON, DC -- Representatives Carolyn Maloney (D-NY) and Peter King (R-NY) introduced today the Corporate Transparency Act, a House bill aimed at preventing shell companies from hiding corrupt and criminal activity. The US is one of the easiest places in the world to open a shell company.
WASHINGTON, DC -- Concerned about health care legislation moving through Congress, hundreds of small business owners gathered on Friday, June 23 for a phone briefing with a key administrator of the Affordable Care Act (ACA) to discuss what these changes would mean for their businesses.Read more
Financial CHOICE Act guts Dodd-Frank, taking small business financial protections with it
Washington, DC --- House Republicans voted today to pass the Financial CHOICE Act. Main Street Alliance, a national network of small business owners, released the following statement:Read more
By Leo Nguyen
In recent years, American conservatives have been publicly reminiscing about an imaginary time, the bygone heydey of the laissez-faire market created by our Founding Fathers.
“Overregulation is killing jobs! And entrepreneurship! And limiting economic growth!” are the cries from the right.Read more
Main Street Alliance, a national network of small business coalitions working to build a new voice for small businesses on important public policy issues, released this statement on President Trump’s budget:Read more
SAN DIEGO, CA --- Small business owners met with federal regulators in San Diego today to explain the significant financing challenges they routinely face in starting and running their businesses. The meeting included representatives from the Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), Consumer Financial Protection Bureau (CFPB), Federal Reserve, and the Small Business Administration (SBA).Read more