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.
A 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.Read more
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.Read more
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.Read more
Washington, D.C. – Senate Republicans today narrowly repealed a regulation that made it possible for cities to administer retirement plans commonly known as Secure Choice, and are likely to repeal the accompanying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.Read more
Main Street business owners fear instability, starved state budgets, skyrocketing premiums, and collapse of private insurance market.Read more
New executive order built on the same open bigotry that goes against Main Street values.Read more
Contradictor-in-Chief: Trump’s Pro-Small Business Rhetoric at Odds with Executive Orders & Policy Proposals
President Trump’s Congressional Address full of empty promises to Main Street businesses.Read more
During a town hall on Tuesday, Main Street Alliance leader and Iowa pig farmer Chris Petersen brought Senator Charles Grassley a present: a bottle of Tums for the hard years ahead if Congress dismantles the health care system.
“You’re going to need them the next few years,” he said. “People are disappointed.”
Petersen drew a laugh from the large crowd gathered in Iowa Falls, but his message was a clear call for Grassley to act in the best interest of small businesses across the country and keep our health care system intact. The repeal of the ACA and gutting Medicaid would cause millions of people to lose insurance, a significant portion of them small business owners and their employees.
“With all due respect, sir, you’re the man that talked about death panels,” said Petersen. “We’re going to create one great big death panel in this country.”
Millions of Main Street small businesses owners, their employees, and their communities have benefited from expanded coverage under the ACA. In Iowa alone, a repeal of the ACA and Medicaid expansion would cost nearly 26,000 jobs and more than $8 billion by 2023. This week’s packed town halls across the country show that many Americans share the grave concerns of Main Street.
Main Street Alliance members across the country are turning out in full force this week as part of the nationwide campaign to #SaveOurHealthCare and #ProtectOurCare.