Small business owners see corporate tax loopholes and accounting gimmicks used to shift U.S. profits offshore to avoid taxes as serious problems, according to independent nationwide opinion polling released on February 6. Small business owners say big corporations and the wealthy don’t pay their fair share of taxes. They support increasing taxes on millionaire incomes, allowing high-end tax cuts to expire, and closing the carried interest loophole that gives big tax breaks to hedge fund managers.
These are among the key findings of a scientific nationwide survey of small business owners commissioned by the American Sustainable Business Council, Main Street Alliance and Small Business Majority.
On February 1, the Main Street Alliance, Small Business Majority, and the American Sustainable Business Council released the results of a national poll of small businesses on regulations and job creation.
The poll found that small business owners’ main concern is weak customer demand, not regulations. When asked what would do the most to create jobs, small business owners’ top response was eliminating incentives to move jobs overseas. Reducing regulation came in fifth place. In fact, most small business owners see government standards as an important tool to level the playing field with big business.
Click here to listen to an interview with Jim Houser (owner of Hawthorne Auto Clinic in Portland, Oregon and co-chair of the Main Street Alliance of Oregon).
The Main Street Alliance, Small Business Majority, and the American Sustainable Business Council released the results of a national poll of small businesses on access to credit and proposals to boost the economy.
Two years ago on January 21, the U.S. Supreme Court handed down its ruling in the controversial Citizens United v. Federal Election Commission case. In a divided 5-4 decision, the majority ruled that corporations are free to spend unlimited sums of money in our country’s elections.
There’s been plenty of debate about what this ruling means for our elections and for deep-pocketed special interests. But there’s been virtually no attention paid to what it means for small businesses, or what small business owners think about the Citizens United decision. That is, until now…
On January 18, the Main Street Alliance partnered with allies at the American Sustainable Business Council and Small Business Majority to release results relating to Citizens United from an independent poll of 500 small business owners nationwide. The poll asked small business owners whether they thought the Supreme Court’s decision was good or bad for small businesses.
So, what do small business owners think about Citizens United? Turns out, they’re not big fans. In fact, 66 percent of small business owners believe the Citizens United decision is bad for small businesses, compared to only 9 percent who think it’s good. That’s a margin of 7 to 1. Click here to read the report.
Why such strong condemnation of the Supreme Court’s ruling? In the words of Melanie Collins, owner of Melanie’s Home Childcare in Falmouth, Maine and a leader with the Maine Small Business Coalition and Main Street Alliance, “Small business owners aren’t stupid. We know who wins when corporate heavy hitters can spend all the money they want, as secretively as they want, to influence our country’s elections – and it’s not us.”
Collins added, “The Citizens United decision stacked the deck against small businesses. We’ve got to unstack that deck.”
And that’s what the Main Street Alliance is fighting to do, with an “unstack the deck” sign-on statement for small business owners about money in politics and a campaign against “dark money” – that is, contributions to third party groups like the U.S. Chamber of Commerce that can’t be traced back to the source.
Small business owners are uniting against Citizens United.
Two-thirds of American small business owners believe the controversial U.S. Supreme Court decision in the Citizens United v. FEC case handed down two years ago on January 21 hurts small companies, according to an independent national survey of 500 small business owners released on January 18 by the Main Street Alliance, the American Sustainable Business Council, and Small Business Majority.