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COVID and Racism Have Exposed Great Inequalities. We Need Small Business Now More than Ever.
By Shaundell Newsome
GoFundMe pages, idled workers and “good-bye and thank you” signs popping up on one long-standing storefront after another. America’s Main Street businesses are on the ropes and many of our moms and pops are facing early retirement. Sadly, an overwhelming eight in 10 small business owners say our nation’s leaders don’t understand their needs--and favor big business anyway--during this time of crisis, according to a new survey of 1,200 entrepreneurs from Small Business for America’s Future.
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U.S. Jobs Report Shows Clearest Data Yet on Economic Toll
May 8, 2020 | New York Times
“Even if tomorrow everything were fine and we were to go back to business as usual, it’s going to take months for us to get customers to come in the door,” Ms. Morey said Thursday at a virtual gathering of business owners.
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Financial groups urge next relief bill to tweak past measures
May 8, 2020 | Roll Call
Banking and credit union representatives are urging lawmakers to create a special relief fund for the smallest businesses, loosen restrictions on the use of Paycheck Protection Program money and all but eliminate the paperwork involved in what is expected to be forgiveness of the loan in the future.
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Cash-Strapped Small Businesses Hindered by Complex Tax Code
May 7, 2020 | Bloomberg Tax
Amid the struggle to obtain loans, small business owners told Bloomberg Tax they simply don’t have the time or resources right now to explore tax and accounting benefits that would provide extra liquidity. Some said they may go over some tax and accounting measures with a CPA later this year, if they are still in business, while others are turning to free advice on Facebook groups and cutting every expense they can.
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Shaundell Newsome Joins National Business Advocacy Coalition as Co-ChairList Item 1
February 19, 2020
Longtime Nevada Business Owner and Small Business Advocate Joins Businesses for Responsible Tax Reform Leadership
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Midlands Biz: GOP tax law leaves SC small businesses behindList Item 2
February 13, 2020
BRTR's Frank Knapp, Jr. writes: Today VP Pence visits South Carolina to tout the business benefits of the 2017 Tax Cuts and Jobs Act. But the reality is it has left many businesses behind.
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CPA Practice Adviser: Trump Snubs Small BusinessList Item 3
February 05, 2020
BRTR Co-chair Op-Ed: President Donald Trump failed to mention small businesses in his State of the Union address to Congress on Tuesday — perhaps not surprising given that the 2017 tax law was an irresponsible giveaway to large corporations and the wealthy that exploded the debt while doing little for Main Street.
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STATEMENT: President Snubs Small Business During State of the UnionList Item 4
February 04, 2020
BRTR Co-chair Anne Zimmerman: It’s not surprising the president snubbed small business during the State of the Union—that’s exactly what his failed tax law did.
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LAW 360: Blame Deficit On Disastrous Tax Law, Not Social Safety Net
January 31, 2020
Op-Ed By BRTR Co-Chair Frank Knapp, Jr.: Instead of blaming seniors and low income citizens for our skyrocketing national debt, Trump and the GOP should admit the failure of the 2017 tax law
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STATEMENT: Trump’s Comments on Cutting Medicare Highlight Irresponsibility of GOP Tax Law
January 27, 2020
The president’s recent comments that he is considering cutting Medicare and other safety-net programs to reduce the ballooning federal deficit underscores the unmitigated irresponsibility of the 2017 GOP tax law
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Senate Confirms New SBA Administrator
January 08, 2020
BRTR's Frank Knapp tells The Hill that the appointment of Administrator Carranza must be 'A fresh opportunity for the administration to refocus on issues or measures that could actually help small businesses.'
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STATEMENT: SBA Administrator Carranza Must be a Strong Voice for Main Street
January 07, 2020
New SBA Administrator Jovita Carranza must be a strong voice for entrepreneurs in an administration that has strongly favored large corporations
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Nevada entrepreneurs say Trump’s 2017 tax law has not helped small businesses
December 31, 2019
BRTR member: 'Based on what the president was saying, I thought it was a tax reform for everyone across the board. Not just a tax reform for the billionaires.'
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How Big Companies Won New Tax Breaks From the Trump Administration
December 30, 2019
As the Treasury Department prepared to enact the Republican tax overhaul, corporate lobbyists swarmed — and won big
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Conservative commentator rips Trump's signature tax overhaul: 'It was a big mistake'
December 26, 2019
Johnny Burtka ripped President Trump’s 2017 tax law in light of a new report that found that some of the most profitable companies in the U.S. didn't pay any taxes last year as a result of the legislation.
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USA TODAY: Senator wants to give small businesses a tax break for hiring the first employee
November 07, 2019
“Most net new jobs come from businesses that are less than five years old with fewer than five employees,” said Frank Knapp, co-chair of BRTR
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Wyden’s PROGRESS Act Shows How Tax Reform Can Help Small Businesses and Economy
October 30, 2019
Statement by BRTR Co-Chair Frank Knapp, Jr. on the PROGRESS Act, which includes key BRTR policy priority
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Two years in, Trump tax cuts not on course to pay for themselves
December 26, 2019
There’s no evidence of the tax cut law substantially increasing growth and real wages compared to the growth that was already occurring during the prior president
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CNBC: China Tariffs Cost Small Businesses Customers
October 07, 2019
Tariffs have increased the cost of doing business for 37% of small businesses across the U.S. As a result, 46% of those admit they are losing customers.
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Small Businesses Deserve Tax Policies that Help Them Thrive, Not PR Attempts to Bolster Failed Tax Law
October 03, 2019
Statement from BRTR Co-Chair Frank Knapp, Jr. refuting attempts to make tax law seem like a boon to small businesses
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INSIDE SOURCES: What to Make of The August Job Numbers?
September 13, 2019
BRTR Co-Chair Frank Knapp, Jr. says the evidence is clear that the economy is slipping, and consumers are feeling it
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MULTIBRIEFS: CEO Pay has increased 1,000% over 40 years
August 23, 2019
But Main Street entrepreneurs are not feeling the love and nearly two-thirds of small business owners support increasing taxes on the wealthy.
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CNBC: Trump’s tax cut isn’t giving the US economy the boost it needs
August 19, 2019
Benefits from what President Trump called “the biggest reform of all time” to the tax code have dwindled to a faint breeze just 20 months after its enactment.
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Small Business Needs Recognized During Democratic Debate, Now is the Time for Real Action to Boost Entrepreneurship
June 26, 2019
Statement by BRTR Co-chair Frank Knapp, Jr. on the need for presidential candidates to back policies and enact tax reform that will help small businesses open and thrive
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MORNING CONSULT: Failure Would Cement ‘Victory for Small Business’
June 21, 2019
BRTR Co-Chair Frank Knapp, Jr.: The president wants to declare the HRA rule change a 'monumental victory for small business.' But it can only be a permanent success if he fails in his efforts to kill the ACA.
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Waco Tribune-Herald: Small-business owners have had enough
June 19, 2019
BRTR Co-Chair Anne Zimmerman: 62% of small business owners want presidential and vice-presidential candidates — and presidents — to release at least 10 years of tax returns
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THE HILL: May's employment data is worse than we think
June 12, 2019
BRTR Co-Chair Frank Knapp, Jr. says as dismal as the overall May employment statistics are, the situation with small businesses is far more worrisome
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BRTR POLL: Small Business Owners Want to See Presidential Tax Returns, Support Taxes on Wealthy
June 11, 2019
Majority of small business owners support requiring presidential candidates and presidents to release their tax returns and want the wealthy to pay more in taxes
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MORNING CONSULT: Time for Small Businesses to Benefit from Tax Reform
May 14, 2019
BRTR Co-Chair Frank Knapp, Jr.: Corporations had their taxes permanently slashed by 40%. This resulted in a swath of American businesses benefiting. The big ones. Now, let's help small business.
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Small Business Owners Got Shut Out of Tax Reform. Let's Change That
May 08, 2019
Large corporations had their chance to use tax cuts to help the economy, but they just pocketed the cash. Let’s give small business a shot.
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BRTR POLL: New Tax Law A Dud For Small Business
April 10, 2019
New BRTR scientific opinion poll: Majority of small business owners say the new tax law hasn't helped their profitability or success and support rolling back enormous corporate tax cuts to pay for policies that help small businesses
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USA TODAY: Small Business Owners Left Behind (Again) By Tax Reform
April 10, 2019
BRTR Co-Chair Anne Zimmerman tells USA Today that there is no reason tax breaks have to favor large corporations.
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Small Business Advocate Radio: BRTR Poll Shows Small Business Got the Short end of the Tax Law Stick
April 10, 2019
BRTR Co-chair Anne Zimmerman discusses new BRTR poll results and says this tax season has made it clear that the new tax law hasn't helped small businesses.
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This tax season for small business: Disappointing refunds, higher prep fees, mass confusion
April 08, 2019
BRTR Co-Chair and CPA Anne Zimmerman: One older client recently told me, 'I can’t afford another tax cut.'
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U.S. Posts Largest-Ever Monthly Budget Deficit in February
March 25, 2019
The U.S. posted its biggest monthly budget deficit on record last month, amid a 20 percent drop in corporate tax revenue and a boost in spending so far this fiscal year.
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Trump’s Tax Cut Won’t Power the Growth He Predicts, Officials Concede
March 21, 2019
The tax law will not deliver the 3 percent annual growth the president promised over the long term
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Americans Want Corporations to Pay More Taxes
March 18, 2019
Sixty-two Percent of Americans are Bothered that Corporations Don't Pay Their Fair Share
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A Year After the Middle Class Tax Cut, the Rich Are Winning
March 14, 2019
Measured as a percentage of their tax bills, the group getting the largest cut is clear: Families earning from $200,000 to $1 million.
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Fueled by Tax Law, the deficit ballooned at start of new fiscal year, up 77%
March 05, 2019
The president has pushed for an agenda of tax cuts and spending increases that had grown the deficit markedly
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Sen. Kamala Harris Talk Taxes
February 15, 2019
BRTR Co-Chair Frank Knapp, Jr. Talks Taxes with Presidential Candidate Sen. Kamala Harris
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SALT Cap Will Leave About 10.9 Million People Feeling Tax Pain
February 27, 2019
About 10.9 million people are losing out on one of their most prized tax breaks -- the deduction for state and local taxes.
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Amazon in Its Prime: Doubles Profits, Pays $0 in Federal Income Taxes
February 13, 2019
Corporate filing reveals that, far from paying the statutory 21% income tax rate in 2018, Amazon reported a federal income tax rebate of $129 million.
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Trump Tax Law Spurs Job Creation...for Tax Lawyers and Accountants
February 07, 2019
Business is unusually strong and should remain robust for years as a result of the law, executives say.
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Tax code changes leave Americans asking, 'What happened to my refund?'
February 07, 2019
"If I were to estimate, two-thirds will pay more than they thought...,” said one tax preparer.
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Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Taxes
February 05, 2019
In fact, the company reported a $22 million federal tax rebate.
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$1.5 trillion tax cut has no major impact on business hiring or expansion plans
January 27, 2019
The $1.5 trillion cut tax package appeared to have no major impact on businesses’ capital investment or hiring plans.
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STATEMENT: Small business, middle class still losers in lame duck tax proposal
November 29, 2018
Statement by Frank Knapp, Jr.: This latest tax proposal risks compounding an already lopsided and ineffective tax law and further exacerbating our enormous national debt
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AP: Small businesses must learn new tax law or pay the price in 2019
November 28, 2018
Small business owners who don’t take time to understand the new tax law may be in for a painful filing season next spring
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BRTR STATEMENT: Americans Have Spoken—Now it’s Time for the New House Majority to Create a Tax Bill that Helps Small Businesses
November 07, 2019
It’s time our new leaders end the giveaway to corporations and replace the tax law with legislation that will help small businesses grow and hire, and the middle class thrive
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LAS VEGAS SUN: Tax Bill Was Just a Bill of Goods for Small Businesses
November 01, 2018
Once again, politicians promised economic glory to small-business owners and the public on tax reform, but instead delivered a deficit that has exploded by 17 percent, with the bill coming due for all of us
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INSIDE SOURCES: Politicians Sold Small Business a Bill of Goods on Tax Law
October 30, 2018
BRTR Co-Chair Frank Knapp on the tax law: Small businesses won't forget getting tossed aside in favor of corporations
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WSJM NEWS TALK: BRTR says GOP Tax Cuts Helped Corporations At The Expense Of Small Businesses
October 25, 2018
BRTR is targeting a handful of congressional districts with a focused message on the GOP tax cut: The tax cut is a lavish gift to large corporations and the rich leaving small business and working families high and dry
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CPA PRACTICE ADVISOR: Tax Reform Hasn't Helped Small Business Owners
October 19, 2018
BRTR released videos of business leaders airing their frustration with the tax law that bypasses the needs of small business owners in favor of giving large corporations and the wealthy enormous tax cuts
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As GOP weighs ‘Tax Reform 2.0,’ New Small Businesses Survey Shows Current Tax Law Hasn't Boosted Hiring
September 28, 2018
A ZipBooks survey shows that 88% of small business owners have made no changes to their hiring plans because of the new tax law
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Small Business Advocate Show Features BRTR Co-Chair
September 26, 2018
BRTR Co-Chair Anne Zimmerman Joined Jim Blassingame's radio show to discuss corporate stock buy-backs, Tax Reform 2.0 and why the tax law isn't helping small business.
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STATEMENT: GOP Advances Tax Bill that Ignores Small Business Needs in Favor of Playing Politics
September 13, 2018
BRTR Co-Chair Frank Knapp, Jr.: The House GOP today continued its headlong rush toward a financially reckless vote on “Tax Reform 2.0,” a tax package that is more about political gamesmanship than fixing the enormous disparities created by the original law that favor corporations and the wealthy.
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STATEMENT: ‘Tax Reform 2.0’ a Political Ploy
September 06, 2018
BRTR Co-Chair Frank Knapp, Jr.: This new plan will likely make the tax law’s small business provisions permanent, locking in the disparities the GOP created in giving away the farm to the wealthiest businesses and leaving the majority of Main Street in the cold
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WRHI AM: BRTR Co-Chair Frank Knapp, Jr.: Corporations Are Cashing in on the Tax Cuts
August 21, 2019
Frank Knapp tells Radio Hosts That Tax Cuts Are Enriching Corporations but not Regular Folks. Interview begins at 7:30.
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WLW 700: BRTR Co-Chair Frank Knapp, Jr.: 'Tax Law Left Small Business Behind'
August 02, 2018
BRTR Co-Chair Frank Knapp, Jr. joined host Scott Sloan on WLW 700 in Cincinnati today to discuss how the tax law left small business behind. Take a listen!
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STATEMENT FOR THE RECORD: Tax Law Has Meant Confusion and Empty Promises for Main Street
July 30, 2018
BRTR Co-Chair Frank Knapp, Jr. tells House Small Business Committee that the tax law has done little to help small businesses or the economy.
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STATEMENT: ‘Tax Reform 2.0’ Plan Leaves Majority of Small Businesses Out in the Cold
July 24, 2018
The Republican plan, which would make the small business 'pass-through' deduction permanent, doesn’t solve any of the issues the GOP’s tax law created for small businesses.
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CINCINNATI ENQUIRER: New postcard-sized tax form more complicated, costly
July 16, 2018
BRTR Co-chair Anne Zimmerman writes that the new "postcard" sized tax form is a shameless example of overblown tax law promises made, and underwhelming results delivered.
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AMERICAN PROSPECT: A Lost Opportunity to Help Small Business
June 28, 2018
For Main Street small businesses, the benefits of the Tax Act are peanuts. Nearly half of all the savings go to people making over $1 million a year.
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INSIDE SOURCES: Corporate Tax Cuts Are Unpopular With Voters
June 20, 2018
BRTR Co-Chair Frank Knapp, Jr.'s op-ed in Inside Sources today looks at why the tax law is so unpopular six months in. Hint: doing little to help small business and the middle class plays a big role
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ENTREPRENEUR: Feeling Confused by the New Tax Law's Small Business Provision? You're Not Alone
June 20, 2018
BRTR Co-Chair Anne Zimmerman has been a small business accountant for 30 years but has never seen the level of confusion and disarray caused by the small business deduction enacted by the Trump Tax
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NEWSLETTER: Six Months in, Tax Law Has Left a Trail of Broken Promises
June 20, 2018
Small businesses and the middle class have not seen much benefit from the law for a multitude of reasons.
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SMALL BUSINESS ADVOCATE: Large corporations win big with tax law, small business not so much
June 18, 2018
BRTR Co-Chair Anne Zimmerman tells radio host Jim Blasingame small businesses won't see any benefit from tax law, while corporations make out like bandits.
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BLOOMBERG: Tax Law Headaches--Three Planning Problems for Small Businesses
June 14, 2018
BRTR Co-Chair Anne Zimmerman says small business owners trying to estimate their quarterly taxes are in the dark because of a lack of IRS guidance on the new tax law. Worse, there are penalties for not getting it right.
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CNN: Tax cut fuels record $200 billion stock buyback bonanza
June 06, 2018
Critics say the return of capital to shareholders is a boon for Wall Street, but a slight to Main Street.
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ASSOCIATED PRESS: Lingering Limbo, Small Businesses Uncertain About Tax Law Impact
May 30, 2018
Five months after massive federal tax changes became law, many small business owners still don’t know whether they’ll be winners or losers.
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MORNING CONSULT: Sadly, the New Tax Complexities Will Cost Entrepreneurs
May 29, 2018
BRTR Co-Chair Anne Zimmerman writes: Under the new tax law, small businesses face increased complexity, steep competition from large companies with the means to take advantage of low tax rates created by the territorial tax system, and a 20 percent deduction on pass-through business income that does not apply equally to all.
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MEDIA STATEMENT: Despite attempts to boost popularity at hearings, tax law does little to help small business
May 23, 2018
Today’s Ways and Means Tax Policy Subcommittee hearing on tax reform and small business was a disappointing attempt to boost the flagging fortunes of the unpopular tax law by invoking the good name of small business owners.
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STATEMENT FOR THE RECORD: The unspoken small business hit of the tax law--higher tax prep fees
May 23, 2018
Today's House Ways and Means Tax Policy Subcommittee has been optimistically titled ‘Tax Reform and Small Businesses: Growing Our Economy and Creating Jobs.’ Optimistic because the evidence is stacking up that this tax law does little to help our Main Street small businesses and despite assurances from proponents that the new tax law would simplify tax code, many small business owners are struggling to understand what exactly The Tax Cuts and Jobs Act means to them.
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CNN: BRTR co-chair rebuts president's tax rally
May 05, 2018
BRTR Co-chair Anne Zimmerman appeared live on CNN to set the record straight about the impact of tax cuts on small businesses, countering President Trump’s attempts to bolster support for the unpopular tax law during an appearance in Cleveland. Watch at minute 43:24.
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BUSINESS REPORT: McMahon: Small Businesses Are Top Priority
May 02, 2018
BRTR Co-chair Frank Knapp, Jr.: Then stop giving large corporations special treatment!
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NEWS TRIBUNE: Celebrate Small Businesses
May 01, 2018
Congress should revisit their tax law and put small businesses as their priority to grow our economy by helping small businesses grow
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NW INDIANA TIMES: How Congress should mark National Small Business Week
May 01, 2018
Congress should revisit its tax law and put small businesses as their priority to grow our economy by helping small businesses grow.
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INSIDE SOURCES: National Small Business Week a Good Time for Congress to Really Help Small Businesses
May 01, 2018
BRTR Co-chair Frank Knapp, Jr. writes that it's good the government recognizes National Small Business Week every year. But it would be better if its appreciation was demonstrated in policy in addition to public recognition.
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PRESS RELEASE: New BRTR Report Shows Small Business Owners Face Complexity and New Costs Because of Tax Law
May 01, 2018
"When you boil it down, the tax code has gotten exponentially more complicated for small business owners to navigate, creating new costs and competitive hurdles."
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BRTR REPORT: Complexity Created by New Pass-Through Deduction in Tax Law Means Small Business Owners May Spend Any Tax Savings on Accountants
April 30, 2018
New report finds that 20 percent deduction for pass-through businesses does not apply equally to all small businesses, entrepreneurs may need to hire costly tax experts to take advantage of provision, and new territorial tax system puts them at a competitive disadvantage with large corporate competitors.
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CPA PRACTICE ADVISOR: Is Tax Reform Really Helping Main Street Small Businesses?
April 25, 2018
New data released recently by several small business and government organizations show mounting evidence that the tax law isn’t helping Main Street small business owners grow their businesses.
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SMALL BUSINESS OWNERS IN THEIR OWN WORDS: Tax Cuts Ignore Small Business
April 17, 2018
Small business owners and leaders write about their disappointment that the tax law ignores their needs while letting large corporations bury their snouts in the public trough.
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TAX DAY STATEMENT: Small Businesses Expect Little Relief from New Tax Law
April 17, 2018
Businesses for Responsible Tax Reform co-chair: With Tax Day 2018 upon us, it’s become clear America’s small businesses won’t be celebrating because of the new tax law. In fact, most will see little if any relief from a law that gave away the farm to big corporations and the wealthiest among us.
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PRESS HERALD: Are tax cuts benefiting workers, businesses as promised? Fact is, no
April 12, 2019
Months after the bill was bullied through Congress, it appears the money saved is not trickling down.
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CENTRAL MAINE: Small businesses need investment too
April 08, 2018
Many of these businesses are those right next door that provide jobs and social opportunities for each of us, and that, in most cases, create the atmosphere we have come to know as the way life should be.
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CONNECTION NEWSPAPERS: McAuliffe Leads Trump Tax Town Hall Meeting at GMU
April 06, 2018
“Who is benefitting from this [tax bill]? It’s not me. …The system that we are creating out of this tax bill is not helping the middle class. It’s not helping the small businesses. It is slowly killing the middle class and small businesses.”
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KENNEBEC JOURNAL: Tax cuts not helping small businesses
March 25, 2018
I knew this tax law would not be a windfall for small businesses like mine, but it’s infuriating to see how much media attention there has been on the dubious corporate spin about bonuses and raises resulting from the tax law.
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PYMNTS TODAY: Senate Report Links Tax Reform To Greater Spend On SMB Accountants
March 19, 2018
The senator pointed to analysis from Businesses for Responsible Tax Reform that found a majority of SMBs surveyed do not believe tax reform will benefit their business and lead to growth.
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KTVZ: Wyden talks taxes
March 16, 2018
According to Businesses for Responsible Tax Reform, a majority of small business owners don’t believe the tax law will help grow their business.
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INDIANA BUSINESS JOURNAL: Tax law doesn’t help small businesses
March 16, 2018
People are starting to see the new federal tax law for what it is—a huge corporate giveaway financed on the backs of the middle class. A group I feel has been overlooked, though, is small businesses.
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ACCOUNTING TODAY: Senate report predicts small businesses will spend more on accountants after tax law
March 15, 2018
The report, “Tax Code and Small Business: Even More Bizarre and More Unfair than Before,” predicts small business owners will be spending more money on tax professionals than on growing their operations.
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THE ALIBI: Cuts Ignore Small Business
March 15, 2018
The law gives enormous, permanent tax cuts to large corporations but does little to strengthen the economic power of small businesses.
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SOCAL DAILY MEDIA: Small business owners sour on Republican tax bill
March 13, 2018
The much-hyped Republican tax bill is not worth the $1.4 trillion deficit increase, and it won’t help small business owners create jobs or raise wages, according to a recent survey from Businesses for Responsible Tax Reform.
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STEELE & UNGER: Most small-business owners say they will not hire, give raises because of new tax law
March 13, 2018
The bottom line is this tax law doesn’t treat small businesses like the job creators they are. Small-business owners may get a nominal and temporary tax cut, but they clearly think it won’t be enough to invest in employees or grow their businesses.
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COMMON DREAMS: Further Debunking GOP Claims, Small Businesses Say Tax Bill Won't Bring Benefits to Workers
March 12, 2018
What's this item about? What makes it interesting? Write a catchy description to grab your audience's attention...
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THE HILL: BRTR Poll Most Small Business Owners Will Not Hire, Give Raises Because of New Tax Law
March 12, 2018
Most small business owners don’t think the possible benefits of new law will enable them to invest in their businesses and believe it further tilts the playing field in favor of big corporations.
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BRTR POLL: Tax Law Doesn't Enable Small Business Owners To Hire, Give Raises
March 12, 2018
Small business owners don’t expect the law to help them grow their businesses or invest in their employees
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USA TODAY OPINION: Corporate America Invites A Backlash
March 06, 2018
By using most of their tax breaks on shareholders instead of employees, companies are ensuring that low tax rates won't last.
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KENOSHA NEWS: Small Businesses Decry Trump, GOP tax bill
March 06, 2018
“We’d love to see modifications (to the bill) that actually help people and small business owners so we can invest in hiring new employees and doing trainings and expanding our business in ways that actually affect our local community,”
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POLITICO: Poll: Few voters report seeing bigger paychecks after tax changes
February 21, 2018
Most voters aren’t noticing more money in their paychecks under the new tax law, according to a new POLITICO/Morning Consult poll. Just a quarter of registered voters, 25 percent, say they have noticed an increase in their paycheck, the poll shows.
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INDIANAPOLIS STAR: New tax law harms small business owners
February 14, 2018
That is a snub every small business owner, and everyone who works at a small business, will feel.
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ITEP: Amazon Inc. Paid Zero in Federal Taxes in 2017, Gets $789 Million Windfall from New Tax Law
February 14, 2018
In 2017, Amazon reported $5.6 billion of U.S. profits and didn’t pay a dime of federal income taxes on it. The company’s financial statement suggests that various tax credits and tax breaks for executive stock options are responsible for zeroing out the company’s tax this year.
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AP: Tax cut bonuses for workers? Many small businesses not sure
February 08, 2018
Small business owners may want to hand out bonuses and raises now that there's a new tax law, but many don't know if they'll have any wealth to share.
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Republican tax cut slammed for $97 billion wave in corporate share buybacks
February 08, 2018
A new report from Democratic senators says companies have repurchased $97.2 billion in stock since Jan. 1. That figure dwarfs a number that Republicans have been touting: $2.5 billion in bonuses that companies have announced in response to the new tax law.
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REUTERS: Few U.S. adults report bonuses, raises from Republican tax law
January 29, 2020
Two percent of U.S. adults said they had gotten a raise, bonus or other additional benefits due to the Republican tax law enacted a month ago by President Donald Trump, according to a Reuters/Ipsos poll released on Monday.
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STATEMENT: President's State of the Union Lauds Massive Corporate Tax Giveaway that Does Little to Help Small Businesses Grow Economy
January 20, 2018
The president’s State of the Union comments touting the unproven impact of the new tax law were an obvious attempt to paper over the fact that this law is an epic giveaway to large corporations and the wealthy that does little to help the country’s real job creators, small businesses.
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STATEMENT: Final Tax Bill an Outrageous Giveaway to Big Corporations that Does Nothing for Small Businesses
December 20, 2017
The co-chairs of Businesses for Responsible Tax Reform expressed their disappointment in Congress today after it passed an enormous tax cut for corporations while doing nothing for the country’s small businesses, which drive our economy.
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CNN MONEY: GOP tax bill: Here's what people are saying
December 17, 2017
"The proposals also do little to simplify the code, and actually make it more complex for the more than 90 percent of small businesses that organize their firms as pass-through entities." --Letter to Congress from 2,000 small business owners
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CNN: Mom, Pop--You're the Losers in this Tax Plan
December 15, 2017
BRTR Co-Chair Anne Zimmerman pens an op-ed saying that a change from a worldwide tax system to a territorial one would encourage wealthy businesses to learn how to go offshore--giving them a financial and competitive advantage over neighborhood mom and pops.
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LETTER: Nearly 2,000 small business owners sign a letter asking Congress to start over with tax reform
December 15, 2017
Small business owners demand tax reform that helps them rather than just helping large corporations and the wealthy. Letter with 1,990 signatures delivered to Congressional leadership.
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STATEMENT: Tax Bill Conference Committee’s Public Meeting Doesn’t Address Small Business Concerns
December 13, 2017
This was an act of political kabuki meant to check a box rather than invite serious discussion, and the needs of small businesses continued to be ignored.
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LETTER: BRTR Co-chair to Sen. Tim Scott: Please Explain What Tax Bill Actually Does for Small Business
December 11, 2017
The small businesses of South Carolina and across this country are very concerned that they are not being treated fairly by the tax reform proposals being considered by the conference committee on which you sit.
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Tax bill won't help small firms
December 10, 2017
As a CPA and small business owner, I know how bad the tax bill will be for small businesses.
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STATEMENT: Senate Abandons Small Business in Passage of Tax Plan
December 02, 2017
Politicians need to do more than just valorize small businesses to get elected. They must listen to small businesses once they’re in office. Today they abandoned us.
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BRTR POLL: Small Businesses Oppose Repealing ACA Mandate to Pay For Tax Bill
December 01, 2017
A new public opinion poll shows the majority of small business owners oppose repealing the Affordable Care Act’s mandate requiring individuals to buy health insurance to fund the tax bill under consideration in the Senate.
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LETTER: Nearly 1,200 Small Business Owners Send Letter to Congress Opposing Tax Bill
November 30, 2017
We, the nearly 1,200 undersigned small business owners, voice our strong opposition to the tax reform legislation under consideration by Congress. The proposals largely benefit big corporations and do little to level the playing field for small businesses.
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Morning Consult: Congressional Tax Reform Efforts Unfair to Small Businesses
November 29, 2017
BRTR Co-Chair Frank Knapp: The House and Senate tax bills neither increase consumer demand that will boost local small business economies nor make the tax code simpler for small businesses and treat them the same as corporations.
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Politico: BRTR is out with six-figure television advertisement buys in five states
November 29, 2017
Businesses for Responsible Tax Reform, a coalition of small businesses opposed to the GOP tax plans, is out with six-figure television advertisement buys in five states where potentially wavering Senate Republicans reside — Arizona, Indiana, Oklahoma, Tennessee and Wisconsin.
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PRESS RELEASE: Small Business Leaders Continue Ad Buys Across Country to Fight Tax Bill; More Than $1 Million Spent to Date
November 29, 2017
Businesses for Responsible Tax Reform launched six-figure ad buys in Arizona and Indiana this week and expanded ads that have been running in Oklahoma, Tennessee, and Wisconsin since last week.
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Forbes: Small Businesses Cast Jaundiced Eye At Tax Reform Proposals
November 28, 2017
It’s time politicians do more than just valorize small businesses to get elected. Congress needs to tear up these tax proposals and go back to the drawing board to create a plan that truly helps our nation’s job creators.
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US News & World Report: GOP Tax Plan Faces Strong Headwinds in Critical Week for Congress
November 27, 2017
A survey commissioned by Businesses for Responsible Tax Reform showed that just 32 percent of nearly 800 small business owner respondents said they think the middle class and small businesses will benefit most – despite assurances from President Trump and Republican leaders that the tax cuts are designed for middle America.
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The Hill: Poll: Majority of small businesses oppose GOP tax bill
November 27, 2017
A Public Policy Polling poll, released by Businesses for Responsible Tax Reform, a group opposed to the GOP tax bills, finds 51 percent of small businesses are against the plan. About one-third, 34 percent, support the GOP tax plan.
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McClatchy: New poll shows small business owners skeptical of GOP tax plan
November 27, 2017
With the Senate poised to begin consideration of the Republican-authored tax overhaul proposal this week, a new coalition of small business leaders wants to put lawmakers on notice that most of them don’t like the proposal.
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PRESS RELEASE: Majority of Small Business Owners Oppose Tax Reform Proposals
November 27, 2017
Scientific opinion poll finds majority of small business owners oppose the tax reform plans under consideration in Congress and believe they favor big businesses and the wealthy over small businesses and the middle class.
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BRTR POLL: Small Businesses Oppose Tax Proposals
November 27, 2017
Majority of small business owners say tax proposals under consideration in Congress benefit big business and the wealthy over small business.
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Times Free Press: Groups Bombard Tennesseans With Ads, Robocalls, Hoping to Sway Sen. Corker
November 23, 2017
NASHVILLE — With U.S. Sen. Bob Corker a potential key vote in the success or defeat of the proposed Republican tax overhaul, national groups are rushing to amp up the pressure on the Tennessee Republican's home turf with a flood of TV and internet ads and robocalls.
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CNN Inside Politics: Ad Calls Out Tax Plan's Impact on Budget
November 21, 2017
Inside Politics with John King Discusses Businesses for Responsible Tax Reform and Shows Ad. Discussion Starts Around Minute 31:50.
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The Oklahoman: Small business group spends six figures in Oklahoma to pressure Lankford on tax reform
November 21, 2017
A small business group has targeted U.S. Sen. James Lankford with television ads in Oklahoma City and Tulsa in hopes of steering him away from a tax reform bill.
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WATCH: Businesses for Responsible Tax Reform Ad Calls on Sen. Lankford to Keep Promise Not to Explode the Deficit
November 20, 2017
Businesses for Responsible Tax Reform, a nationwide coalition of small business leaders opposed to the tax bill under consideration in Congress, today announced a six-figure television ad buy in Oklahoma that urges Sen. James Lankford to keep his promise to be fiscally responsible and vote against the tax bill that balloons the deficit, which will needlessly drive up interest rates and discourage investment in small firm
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Fox News: Business group to target key GOP senators over tax plan deficit spike
November 20, 2017
The first ads highlight promises by GOP senators James Lankford and Bob Corker to oppose any plan that increases the deficit.
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WATCH: Businesses for Responsible Tax Reform Ad Calls on Sen. Johnson to Support Small Business
November 20, 2017
Six-figure television ad buy in Wisconsin urges Sen. Ron Johnson to continue supporting small business over large corporations.
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Politico: An Under the Radar Week
November 20, 2017
Businesses for Responsible Tax Reform, a group that just recently popped up, will be running ads trying to get Sens. Bob Corker (R-Tenn.) and James Lankford (R-Okla.) to oppose the Senate tax bill because of its impact on deficits
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WATCH: Businesses for Responsible Tax Reform Ad Calls on Sen. Corker to Keep Promise Not to Explode the Deficit
November 20, 2017
Businesses for Responsible Tax Reform, a nationwide coalition of small business leaders opposed to the tax bill under consideration in Congress, today announced a six-figure television ad buy in Tennessee that urges Sen. Bob Corker to keep his promise to be fiscally responsible and vote against the tax bill that balloons the deficit, which will needlessly drive up interest rates and discourage investment in small firm
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PRESS RELEASE: Small Business Leaders Invest Hundreds of Thousands of Dollars to Fight Tax Bill With Multi-State Ad Buy
November 20, 2017
Businesses for Responsible Tax Reform launch six-figure television ad buys across the country demanding senators support small business over large corporations and keep their promise not to raise the federal deficit, as the Senate’s proposed tax plan would do
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Axios: Business group to target key GOP senators over tax plan deficit spike
November 19, 2017
Businesses for Responsible Tax Reform, a coalition of small business leaders, will launch a six-figure TV campaign to oppose the GOP tax bill on the grounds that it balloons the federal deficit by more than $1 trillion.
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Accounting Today: Tax reform clears House hurdle, but obstacles remain
November 17, 2017
“At the heart of the House’s bill is a huge tax cut for corporations,” said Anne Zimmerman, co-chair of Businesses for Responsible Tax Reform. “This is a benefit for big business that is being financed on the backs of small entrepreneurs."
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CNN: Sen. Ron Johnson: Tax bill doesn't give small businesses 'a fair shake'
November 16, 2017
Sen. Ron Johnson, R-Wisconsin, explained his opposition Thursday to his party's tax bill, telling CNN's "New Day" that the plan as currently written is unfair to businesses.
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PRESS STATEMENT: House Approval of Tax Reform Bill Hangs Main Street Small Businesses Out to Dry
November 16, 2017
Today, the House of Representatives disregarded the economic well-being of America’s 30 million small business owners in favor of an epic and fiscally irresponsible giveaway to large corporations when it passed its tax reform legislation H.R. 1.
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Politico: How about those out years?
November 13, 2017
BYRD IN THE HAND: There’s no doubt that there’s a fair bit of momentum behind congressional Republicans’ efforts on taxes these days. But there’s no question about this, either: Neither the House nor the Senate bill as currently constituted would meet the requirements of Senate budget rules.
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The Hill: Tax plan gives Big Business a big handout at expense of small firms
November 13, 2017
If the 2016 election was a referendum on the economy, you’d think lawmakers would put job creation and our nation’s long-term economic viability at the heart of their plans to overhaul the tax code for the first time in three decades. They’re not.
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PRESS RELEASE: Small Business Leaders Form Coalition to Combat Irresponsible Tax Reform
November 13, 2017
Business leaders from across the country join together to speak out against tax proposals under consideration in Congress that they believe disproportionately favor big business and do little to strengthen small businesses — our nation’s job creators
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Op-Ed: Beware the fine print — a GOP tax cut for small businesses is more like a giveaway for the rich
November 12, 2017
The competing House and Senate tax bills differ in important respects, but they have this in common: a predilection to shower benefits on the very wealthy. The extraordinary reduction in the corporate tax rate to 20% is one obvious example. But the proposals’ true perversity, and the real object of the drafters’ munificence, is fully revealed only by reading the fine print. Take for instance their proposals to reward “pass-through” income with special discounted tax rates.
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Washington Post: Big business is a big winner of GOP small business tax plan
November 06, 2017
House GOP leaders have hailed their new tax proposals as helping the small-business owner, but small-business associations say they help big enterprises, not small ones, and vowed Tuesday to sink the bill in its current form.
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AP: Get Started: Mixed small business reception for GOP tax plan
November 05, 2017
The GOP's proposed tax overhaul is getting a mixed reaction from small business advocates, with some saying they hope the plan will be revised as it makes its way through Congress.
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LA Times: Tax breaks aimed at small businesses may favor a sliver of wealthy owners
September 28, 2017
When Republicans rolled out their tax reform proposal this week, President Trump highlighted a provision aimed at the vast majority of small and family-held enterprises.
List of Services
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COVID and Racism Have Exposed Great Inequalities. We Need Small Business Now More than Ever.
By Shaundell Newsome
GoFundMe pages, idled workers and “good-bye and thank you” signs popping up on one long-standing storefront after another. America’s Main Street businesses are on the ropes and many of our moms and pops are facing early retirement. Sadly, an overwhelming eight in 10 small business owners say our nation’s leaders don’t understand their needs--and favor big business anyway--during this time of crisis, according to a new survey of 1,200 entrepreneurs from Small Business for America’s Future.
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U.S. Jobs Report Shows Clearest Data Yet on Economic Toll
May 8, 2020 | New York Times
“Even if tomorrow everything were fine and we were to go back to business as usual, it’s going to take months for us to get customers to come in the door,” Ms. Morey said Thursday at a virtual gathering of business owners.
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Financial groups urge next relief bill to tweak past measures
May 8, 2020 | Roll Call
Banking and credit union representatives are urging lawmakers to create a special relief fund for the smallest businesses, loosen restrictions on the use of Paycheck Protection Program money and all but eliminate the paperwork involved in what is expected to be forgiveness of the loan in the future.
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Cash-Strapped Small Businesses Hindered by Complex Tax Code
May 7, 2020 | Bloomberg Tax
Amid the struggle to obtain loans, small business owners told Bloomberg Tax they simply don’t have the time or resources right now to explore tax and accounting benefits that would provide extra liquidity. Some said they may go over some tax and accounting measures with a CPA later this year, if they are still in business, while others are turning to free advice on Facebook groups and cutting every expense they can.
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Shaundell Newsome Joins National Business Advocacy Coalition as Co-ChairList Item 1
February 19, 2020
Longtime Nevada Business Owner and Small Business Advocate Joins Businesses for Responsible Tax Reform Leadership
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Midlands Biz: GOP tax law leaves SC small businesses behindList Item 2
February 13, 2020
BRTR's Frank Knapp, Jr. writes: Today VP Pence visits South Carolina to tout the business benefits of the 2017 Tax Cuts and Jobs Act. But the reality is it has left many businesses behind.
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CPA Practice Adviser: Trump Snubs Small BusinessList Item 3
February 05, 2020
BRTR Co-chair Op-Ed: President Donald Trump failed to mention small businesses in his State of the Union address to Congress on Tuesday — perhaps not surprising given that the 2017 tax law was an irresponsible giveaway to large corporations and the wealthy that exploded the debt while doing little for Main Street.
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STATEMENT: President Snubs Small Business During State of the UnionList Item 4
February 04, 2020
BRTR Co-chair Anne Zimmerman: It’s not surprising the president snubbed small business during the State of the Union—that’s exactly what his failed tax law did.
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LAW 360: Blame Deficit On Disastrous Tax Law, Not Social Safety Net
January 31, 2020
Op-Ed By BRTR Co-Chair Frank Knapp, Jr.: Instead of blaming seniors and low income citizens for our skyrocketing national debt, Trump and the GOP should admit the failure of the 2017 tax law
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STATEMENT: Trump’s Comments on Cutting Medicare Highlight Irresponsibility of GOP Tax Law
January 27, 2020
The president’s recent comments that he is considering cutting Medicare and other safety-net programs to reduce the ballooning federal deficit underscores the unmitigated irresponsibility of the 2017 GOP tax law
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Senate Confirms New SBA Administrator
January 08, 2020
BRTR's Frank Knapp tells The Hill that the appointment of Administrator Carranza must be 'A fresh opportunity for the administration to refocus on issues or measures that could actually help small businesses.'
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STATEMENT: SBA Administrator Carranza Must be a Strong Voice for Main Street
January 07, 2020
New SBA Administrator Jovita Carranza must be a strong voice for entrepreneurs in an administration that has strongly favored large corporations
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Nevada entrepreneurs say Trump’s 2017 tax law has not helped small businesses
December 31, 2019
BRTR member: 'Based on what the president was saying, I thought it was a tax reform for everyone across the board. Not just a tax reform for the billionaires.'
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How Big Companies Won New Tax Breaks From the Trump Administration
December 30, 2019
As the Treasury Department prepared to enact the Republican tax overhaul, corporate lobbyists swarmed — and won big
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Conservative commentator rips Trump's signature tax overhaul: 'It was a big mistake'
December 26, 2019
Johnny Burtka ripped President Trump’s 2017 tax law in light of a new report that found that some of the most profitable companies in the U.S. didn't pay any taxes last year as a result of the legislation.
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USA TODAY: Senator wants to give small businesses a tax break for hiring the first employee
November 07, 2019
“Most net new jobs come from businesses that are less than five years old with fewer than five employees,” said Frank Knapp, co-chair of BRTR
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Wyden’s PROGRESS Act Shows How Tax Reform Can Help Small Businesses and Economy
October 30, 2019
Statement by BRTR Co-Chair Frank Knapp, Jr. on the PROGRESS Act, which includes key BRTR policy priority
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Two years in, Trump tax cuts not on course to pay for themselves
December 26, 2019
There’s no evidence of the tax cut law substantially increasing growth and real wages compared to the growth that was already occurring during the prior president
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CNBC: China Tariffs Cost Small Businesses Customers
October 07, 2019
Tariffs have increased the cost of doing business for 37% of small businesses across the U.S. As a result, 46% of those admit they are losing customers.
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Small Businesses Deserve Tax Policies that Help Them Thrive, Not PR Attempts to Bolster Failed Tax Law
October 03, 2019
Statement from BRTR Co-Chair Frank Knapp, Jr. refuting attempts to make tax law seem like a boon to small businesses
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INSIDE SOURCES: What to Make of The August Job Numbers?
September 13, 2019
BRTR Co-Chair Frank Knapp, Jr. says the evidence is clear that the economy is slipping, and consumers are feeling it
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MULTIBRIEFS: CEO Pay has increased 1,000% over 40 years
August 23, 2019
But Main Street entrepreneurs are not feeling the love and nearly two-thirds of small business owners support increasing taxes on the wealthy.
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CNBC: Trump’s tax cut isn’t giving the US economy the boost it needs
August 19, 2019
Benefits from what President Trump called “the biggest reform of all time” to the tax code have dwindled to a faint breeze just 20 months after its enactment.
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Small Business Needs Recognized During Democratic Debate, Now is the Time for Real Action to Boost Entrepreneurship
June 26, 2019
Statement by BRTR Co-chair Frank Knapp, Jr. on the need for presidential candidates to back policies and enact tax reform that will help small businesses open and thrive
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MORNING CONSULT: Failure Would Cement ‘Victory for Small Business’
June 21, 2019
BRTR Co-Chair Frank Knapp, Jr.: The president wants to declare the HRA rule change a 'monumental victory for small business.' But it can only be a permanent success if he fails in his efforts to kill the ACA.
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Waco Tribune-Herald: Small-business owners have had enough
June 19, 2019
BRTR Co-Chair Anne Zimmerman: 62% of small business owners want presidential and vice-presidential candidates — and presidents — to release at least 10 years of tax returns
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THE HILL: May's employment data is worse than we think
June 12, 2019
BRTR Co-Chair Frank Knapp, Jr. says as dismal as the overall May employment statistics are, the situation with small businesses is far more worrisome
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BRTR POLL: Small Business Owners Want to See Presidential Tax Returns, Support Taxes on Wealthy
June 11, 2019
Majority of small business owners support requiring presidential candidates and presidents to release their tax returns and want the wealthy to pay more in taxes
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MORNING CONSULT: Time for Small Businesses to Benefit from Tax Reform
May 14, 2019
BRTR Co-Chair Frank Knapp, Jr.: Corporations had their taxes permanently slashed by 40%. This resulted in a swath of American businesses benefiting. The big ones. Now, let's help small business.
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Small Business Owners Got Shut Out of Tax Reform. Let's Change That
May 08, 2019
Large corporations had their chance to use tax cuts to help the economy, but they just pocketed the cash. Let’s give small business a shot.
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BRTR POLL: New Tax Law A Dud For Small Business
April 10, 2019
New BRTR scientific opinion poll: Majority of small business owners say the new tax law hasn't helped their profitability or success and support rolling back enormous corporate tax cuts to pay for policies that help small businesses
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USA TODAY: Small Business Owners Left Behind (Again) By Tax Reform
April 10, 2019
BRTR Co-Chair Anne Zimmerman tells USA Today that there is no reason tax breaks have to favor large corporations.
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Small Business Advocate Radio: BRTR Poll Shows Small Business Got the Short end of the Tax Law Stick
April 10, 2019
BRTR Co-chair Anne Zimmerman discusses new BRTR poll results and says this tax season has made it clear that the new tax law hasn't helped small businesses.
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This tax season for small business: Disappointing refunds, higher prep fees, mass confusion
April 08, 2019
BRTR Co-Chair and CPA Anne Zimmerman: One older client recently told me, 'I can’t afford another tax cut.'
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U.S. Posts Largest-Ever Monthly Budget Deficit in February
March 25, 2019
The U.S. posted its biggest monthly budget deficit on record last month, amid a 20 percent drop in corporate tax revenue and a boost in spending so far this fiscal year.
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Trump’s Tax Cut Won’t Power the Growth He Predicts, Officials Concede
March 21, 2019
The tax law will not deliver the 3 percent annual growth the president promised over the long term
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Americans Want Corporations to Pay More Taxes
March 18, 2019
Sixty-two Percent of Americans are Bothered that Corporations Don't Pay Their Fair Share
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A Year After the Middle Class Tax Cut, the Rich Are Winning
March 14, 2019
Measured as a percentage of their tax bills, the group getting the largest cut is clear: Families earning from $200,000 to $1 million.
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Fueled by Tax Law, the deficit ballooned at start of new fiscal year, up 77%
March 05, 2019
The president has pushed for an agenda of tax cuts and spending increases that had grown the deficit markedly
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Sen. Kamala Harris Talk Taxes
February 15, 2019
BRTR Co-Chair Frank Knapp, Jr. Talks Taxes with Presidential Candidate Sen. Kamala Harris
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SALT Cap Will Leave About 10.9 Million People Feeling Tax Pain
February 27, 2019
About 10.9 million people are losing out on one of their most prized tax breaks -- the deduction for state and local taxes.
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Amazon in Its Prime: Doubles Profits, Pays $0 in Federal Income Taxes
February 13, 2019
Corporate filing reveals that, far from paying the statutory 21% income tax rate in 2018, Amazon reported a federal income tax rebate of $129 million.
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Trump Tax Law Spurs Job Creation...for Tax Lawyers and Accountants
February 07, 2019
Business is unusually strong and should remain robust for years as a result of the law, executives say.
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Tax code changes leave Americans asking, 'What happened to my refund?'
February 07, 2019
"If I were to estimate, two-thirds will pay more than they thought...,” said one tax preparer.
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Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Taxes
February 05, 2019
In fact, the company reported a $22 million federal tax rebate.
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$1.5 trillion tax cut has no major impact on business hiring or expansion plans
January 27, 2019
The $1.5 trillion cut tax package appeared to have no major impact on businesses’ capital investment or hiring plans.
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STATEMENT: Small business, middle class still losers in lame duck tax proposal
November 29, 2018
Statement by Frank Knapp, Jr.: This latest tax proposal risks compounding an already lopsided and ineffective tax law and further exacerbating our enormous national debt
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AP: Small businesses must learn new tax law or pay the price in 2019
November 28, 2018
Small business owners who don’t take time to understand the new tax law may be in for a painful filing season next spring
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BRTR STATEMENT: Americans Have Spoken—Now it’s Time for the New House Majority to Create a Tax Bill that Helps Small Businesses
November 07, 2019
It’s time our new leaders end the giveaway to corporations and replace the tax law with legislation that will help small businesses grow and hire, and the middle class thrive
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LAS VEGAS SUN: Tax Bill Was Just a Bill of Goods for Small Businesses
November 01, 2018
Once again, politicians promised economic glory to small-business owners and the public on tax reform, but instead delivered a deficit that has exploded by 17 percent, with the bill coming due for all of us
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INSIDE SOURCES: Politicians Sold Small Business a Bill of Goods on Tax Law
October 30, 2018
BRTR Co-Chair Frank Knapp on the tax law: Small businesses won't forget getting tossed aside in favor of corporations
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WSJM NEWS TALK: BRTR says GOP Tax Cuts Helped Corporations At The Expense Of Small Businesses
October 25, 2018
BRTR is targeting a handful of congressional districts with a focused message on the GOP tax cut: The tax cut is a lavish gift to large corporations and the rich leaving small business and working families high and dry
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CPA PRACTICE ADVISOR: Tax Reform Hasn't Helped Small Business Owners
October 19, 2018
BRTR released videos of business leaders airing their frustration with the tax law that bypasses the needs of small business owners in favor of giving large corporations and the wealthy enormous tax cuts
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As GOP weighs ‘Tax Reform 2.0,’ New Small Businesses Survey Shows Current Tax Law Hasn't Boosted Hiring
September 28, 2018
A ZipBooks survey shows that 88% of small business owners have made no changes to their hiring plans because of the new tax law
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Small Business Advocate Show Features BRTR Co-Chair
September 26, 2018
BRTR Co-Chair Anne Zimmerman Joined Jim Blassingame's radio show to discuss corporate stock buy-backs, Tax Reform 2.0 and why the tax law isn't helping small business.
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STATEMENT: GOP Advances Tax Bill that Ignores Small Business Needs in Favor of Playing Politics
September 13, 2018
BRTR Co-Chair Frank Knapp, Jr.: The House GOP today continued its headlong rush toward a financially reckless vote on “Tax Reform 2.0,” a tax package that is more about political gamesmanship than fixing the enormous disparities created by the original law that favor corporations and the wealthy.
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STATEMENT: ‘Tax Reform 2.0’ a Political Ploy
September 06, 2018
BRTR Co-Chair Frank Knapp, Jr.: This new plan will likely make the tax law’s small business provisions permanent, locking in the disparities the GOP created in giving away the farm to the wealthiest businesses and leaving the majority of Main Street in the cold
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WRHI AM: BRTR Co-Chair Frank Knapp, Jr.: Corporations Are Cashing in on the Tax Cuts
August 21, 2019
Frank Knapp tells Radio Hosts That Tax Cuts Are Enriching Corporations but not Regular Folks. Interview begins at 7:30.
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WLW 700: BRTR Co-Chair Frank Knapp, Jr.: 'Tax Law Left Small Business Behind'
August 02, 2018
BRTR Co-Chair Frank Knapp, Jr. joined host Scott Sloan on WLW 700 in Cincinnati today to discuss how the tax law left small business behind. Take a listen!
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STATEMENT FOR THE RECORD: Tax Law Has Meant Confusion and Empty Promises for Main Street
July 30, 2018
BRTR Co-Chair Frank Knapp, Jr. tells House Small Business Committee that the tax law has done little to help small businesses or the economy.
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STATEMENT: ‘Tax Reform 2.0’ Plan Leaves Majority of Small Businesses Out in the Cold
July 24, 2018
The Republican plan, which would make the small business 'pass-through' deduction permanent, doesn’t solve any of the issues the GOP’s tax law created for small businesses.
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CINCINNATI ENQUIRER: New postcard-sized tax form more complicated, costly
July 16, 2018
BRTR Co-chair Anne Zimmerman writes that the new "postcard" sized tax form is a shameless example of overblown tax law promises made, and underwhelming results delivered.
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AMERICAN PROSPECT: A Lost Opportunity to Help Small Business
June 28, 2018
For Main Street small businesses, the benefits of the Tax Act are peanuts. Nearly half of all the savings go to people making over $1 million a year.
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INSIDE SOURCES: Corporate Tax Cuts Are Unpopular With Voters
June 20, 2018
BRTR Co-Chair Frank Knapp, Jr.'s op-ed in Inside Sources today looks at why the tax law is so unpopular six months in. Hint: doing little to help small business and the middle class plays a big role
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ENTREPRENEUR: Feeling Confused by the New Tax Law's Small Business Provision? You're Not Alone
June 20, 2018
BRTR Co-Chair Anne Zimmerman has been a small business accountant for 30 years but has never seen the level of confusion and disarray caused by the small business deduction enacted by the Trump Tax
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NEWSLETTER: Six Months in, Tax Law Has Left a Trail of Broken Promises
June 20, 2018
Small businesses and the middle class have not seen much benefit from the law for a multitude of reasons.
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SMALL BUSINESS ADVOCATE: Large corporations win big with tax law, small business not so much
June 18, 2018
BRTR Co-Chair Anne Zimmerman tells radio host Jim Blasingame small businesses won't see any benefit from tax law, while corporations make out like bandits.
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BLOOMBERG: Tax Law Headaches--Three Planning Problems for Small Businesses
June 14, 2018
BRTR Co-Chair Anne Zimmerman says small business owners trying to estimate their quarterly taxes are in the dark because of a lack of IRS guidance on the new tax law. Worse, there are penalties for not getting it right.
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CNN: Tax cut fuels record $200 billion stock buyback bonanza
June 06, 2018
Critics say the return of capital to shareholders is a boon for Wall Street, but a slight to Main Street.
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ASSOCIATED PRESS: Lingering Limbo, Small Businesses Uncertain About Tax Law Impact
May 30, 2018
Five months after massive federal tax changes became law, many small business owners still don’t know whether they’ll be winners or losers.
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MORNING CONSULT: Sadly, the New Tax Complexities Will Cost Entrepreneurs
May 29, 2018
BRTR Co-Chair Anne Zimmerman writes: Under the new tax law, small businesses face increased complexity, steep competition from large companies with the means to take advantage of low tax rates created by the territorial tax system, and a 20 percent deduction on pass-through business income that does not apply equally to all.
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MEDIA STATEMENT: Despite attempts to boost popularity at hearings, tax law does little to help small business
May 23, 2018
Today’s Ways and Means Tax Policy Subcommittee hearing on tax reform and small business was a disappointing attempt to boost the flagging fortunes of the unpopular tax law by invoking the good name of small business owners.
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STATEMENT FOR THE RECORD: The unspoken small business hit of the tax law--higher tax prep fees
May 23, 2018
Today's House Ways and Means Tax Policy Subcommittee has been optimistically titled ‘Tax Reform and Small Businesses: Growing Our Economy and Creating Jobs.’ Optimistic because the evidence is stacking up that this tax law does little to help our Main Street small businesses and despite assurances from proponents that the new tax law would simplify tax code, many small business owners are struggling to understand what exactly The Tax Cuts and Jobs Act means to them.
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CNN: BRTR co-chair rebuts president's tax rally
May 05, 2018
BRTR Co-chair Anne Zimmerman appeared live on CNN to set the record straight about the impact of tax cuts on small businesses, countering President Trump’s attempts to bolster support for the unpopular tax law during an appearance in Cleveland. Watch at minute 43:24.
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BUSINESS REPORT: McMahon: Small Businesses Are Top Priority
May 02, 2018
BRTR Co-chair Frank Knapp, Jr.: Then stop giving large corporations special treatment!
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NEWS TRIBUNE: Celebrate Small Businesses
May 01, 2018
Congress should revisit their tax law and put small businesses as their priority to grow our economy by helping small businesses grow
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NW INDIANA TIMES: How Congress should mark National Small Business Week
May 01, 2018
Congress should revisit its tax law and put small businesses as their priority to grow our economy by helping small businesses grow.
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INSIDE SOURCES: National Small Business Week a Good Time for Congress to Really Help Small Businesses
May 01, 2018
BRTR Co-chair Frank Knapp, Jr. writes that it's good the government recognizes National Small Business Week every year. But it would be better if its appreciation was demonstrated in policy in addition to public recognition.
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PRESS RELEASE: New BRTR Report Shows Small Business Owners Face Complexity and New Costs Because of Tax Law
May 01, 2018
"When you boil it down, the tax code has gotten exponentially more complicated for small business owners to navigate, creating new costs and competitive hurdles."
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BRTR REPORT: Complexity Created by New Pass-Through Deduction in Tax Law Means Small Business Owners May Spend Any Tax Savings on Accountants
April 30, 2018
New report finds that 20 percent deduction for pass-through businesses does not apply equally to all small businesses, entrepreneurs may need to hire costly tax experts to take advantage of provision, and new territorial tax system puts them at a competitive disadvantage with large corporate competitors.
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CPA PRACTICE ADVISOR: Is Tax Reform Really Helping Main Street Small Businesses?
April 25, 2018
New data released recently by several small business and government organizations show mounting evidence that the tax law isn’t helping Main Street small business owners grow their businesses.
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SMALL BUSINESS OWNERS IN THEIR OWN WORDS: Tax Cuts Ignore Small Business
April 17, 2018
Small business owners and leaders write about their disappointment that the tax law ignores their needs while letting large corporations bury their snouts in the public trough.
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TAX DAY STATEMENT: Small Businesses Expect Little Relief from New Tax Law
April 17, 2018
Businesses for Responsible Tax Reform co-chair: With Tax Day 2018 upon us, it’s become clear America’s small businesses won’t be celebrating because of the new tax law. In fact, most will see little if any relief from a law that gave away the farm to big corporations and the wealthiest among us.
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PRESS HERALD: Are tax cuts benefiting workers, businesses as promised? Fact is, no
April 12, 2019
Months after the bill was bullied through Congress, it appears the money saved is not trickling down.
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CENTRAL MAINE: Small businesses need investment too
April 08, 2018
Many of these businesses are those right next door that provide jobs and social opportunities for each of us, and that, in most cases, create the atmosphere we have come to know as the way life should be.
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CONNECTION NEWSPAPERS: McAuliffe Leads Trump Tax Town Hall Meeting at GMU
April 06, 2018
“Who is benefitting from this [tax bill]? It’s not me. …The system that we are creating out of this tax bill is not helping the middle class. It’s not helping the small businesses. It is slowly killing the middle class and small businesses.”
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KENNEBEC JOURNAL: Tax cuts not helping small businesses
March 25, 2018
I knew this tax law would not be a windfall for small businesses like mine, but it’s infuriating to see how much media attention there has been on the dubious corporate spin about bonuses and raises resulting from the tax law.
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PYMNTS TODAY: Senate Report Links Tax Reform To Greater Spend On SMB Accountants
March 19, 2018
The senator pointed to analysis from Businesses for Responsible Tax Reform that found a majority of SMBs surveyed do not believe tax reform will benefit their business and lead to growth.
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KTVZ: Wyden talks taxes
March 16, 2018
According to Businesses for Responsible Tax Reform, a majority of small business owners don’t believe the tax law will help grow their business.
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INDIANA BUSINESS JOURNAL: Tax law doesn’t help small businesses
March 16, 2018
People are starting to see the new federal tax law for what it is—a huge corporate giveaway financed on the backs of the middle class. A group I feel has been overlooked, though, is small businesses.
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ACCOUNTING TODAY: Senate report predicts small businesses will spend more on accountants after tax law
March 15, 2018
The report, “Tax Code and Small Business: Even More Bizarre and More Unfair than Before,” predicts small business owners will be spending more money on tax professionals than on growing their operations.
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THE ALIBI: Cuts Ignore Small Business
March 15, 2018
The law gives enormous, permanent tax cuts to large corporations but does little to strengthen the economic power of small businesses.
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SOCAL DAILY MEDIA: Small business owners sour on Republican tax bill
March 13, 2018
The much-hyped Republican tax bill is not worth the $1.4 trillion deficit increase, and it won’t help small business owners create jobs or raise wages, according to a recent survey from Businesses for Responsible Tax Reform.
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STEELE & UNGER: Most small-business owners say they will not hire, give raises because of new tax law
March 13, 2018
The bottom line is this tax law doesn’t treat small businesses like the job creators they are. Small-business owners may get a nominal and temporary tax cut, but they clearly think it won’t be enough to invest in employees or grow their businesses.
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COMMON DREAMS: Further Debunking GOP Claims, Small Businesses Say Tax Bill Won't Bring Benefits to Workers
March 12, 2018
What's this item about? What makes it interesting? Write a catchy description to grab your audience's attention...
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THE HILL: BRTR Poll Most Small Business Owners Will Not Hire, Give Raises Because of New Tax Law
March 12, 2018
Most small business owners don’t think the possible benefits of new law will enable them to invest in their businesses and believe it further tilts the playing field in favor of big corporations.
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BRTR POLL: Tax Law Doesn't Enable Small Business Owners To Hire, Give Raises
March 12, 2018
Small business owners don’t expect the law to help them grow their businesses or invest in their employees
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USA TODAY OPINION: Corporate America Invites A Backlash
March 06, 2018
By using most of their tax breaks on shareholders instead of employees, companies are ensuring that low tax rates won't last.
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KENOSHA NEWS: Small Businesses Decry Trump, GOP tax bill
March 06, 2018
“We’d love to see modifications (to the bill) that actually help people and small business owners so we can invest in hiring new employees and doing trainings and expanding our business in ways that actually affect our local community,”
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POLITICO: Poll: Few voters report seeing bigger paychecks after tax changes
February 21, 2018
Most voters aren’t noticing more money in their paychecks under the new tax law, according to a new POLITICO/Morning Consult poll. Just a quarter of registered voters, 25 percent, say they have noticed an increase in their paycheck, the poll shows.
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INDIANAPOLIS STAR: New tax law harms small business owners
February 14, 2018
That is a snub every small business owner, and everyone who works at a small business, will feel.
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ITEP: Amazon Inc. Paid Zero in Federal Taxes in 2017, Gets $789 Million Windfall from New Tax Law
February 14, 2018
In 2017, Amazon reported $5.6 billion of U.S. profits and didn’t pay a dime of federal income taxes on it. The company’s financial statement suggests that various tax credits and tax breaks for executive stock options are responsible for zeroing out the company’s tax this year.
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AP: Tax cut bonuses for workers? Many small businesses not sure
February 08, 2018
Small business owners may want to hand out bonuses and raises now that there's a new tax law, but many don't know if they'll have any wealth to share.
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Republican tax cut slammed for $97 billion wave in corporate share buybacks
February 08, 2018
A new report from Democratic senators says companies have repurchased $97.2 billion in stock since Jan. 1. That figure dwarfs a number that Republicans have been touting: $2.5 billion in bonuses that companies have announced in response to the new tax law.
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REUTERS: Few U.S. adults report bonuses, raises from Republican tax law
January 29, 2020
Two percent of U.S. adults said they had gotten a raise, bonus or other additional benefits due to the Republican tax law enacted a month ago by President Donald Trump, according to a Reuters/Ipsos poll released on Monday.
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STATEMENT: President's State of the Union Lauds Massive Corporate Tax Giveaway that Does Little to Help Small Businesses Grow Economy
January 20, 2018
The president’s State of the Union comments touting the unproven impact of the new tax law were an obvious attempt to paper over the fact that this law is an epic giveaway to large corporations and the wealthy that does little to help the country’s real job creators, small businesses.
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STATEMENT: Final Tax Bill an Outrageous Giveaway to Big Corporations that Does Nothing for Small Businesses
December 20, 2017
The co-chairs of Businesses for Responsible Tax Reform expressed their disappointment in Congress today after it passed an enormous tax cut for corporations while doing nothing for the country’s small businesses, which drive our economy.
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CNN MONEY: GOP tax bill: Here's what people are saying
December 17, 2017
"The proposals also do little to simplify the code, and actually make it more complex for the more than 90 percent of small businesses that organize their firms as pass-through entities." --Letter to Congress from 2,000 small business owners
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CNN: Mom, Pop--You're the Losers in this Tax Plan
December 15, 2017
BRTR Co-Chair Anne Zimmerman pens an op-ed saying that a change from a worldwide tax system to a territorial one would encourage wealthy businesses to learn how to go offshore--giving them a financial and competitive advantage over neighborhood mom and pops.
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LETTER: Nearly 2,000 small business owners sign a letter asking Congress to start over with tax reform
December 15, 2017
Small business owners demand tax reform that helps them rather than just helping large corporations and the wealthy. Letter with 1,990 signatures delivered to Congressional leadership.
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STATEMENT: Tax Bill Conference Committee’s Public Meeting Doesn’t Address Small Business Concerns
December 13, 2017
This was an act of political kabuki meant to check a box rather than invite serious discussion, and the needs of small businesses continued to be ignored.
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LETTER: BRTR Co-chair to Sen. Tim Scott: Please Explain What Tax Bill Actually Does for Small Business
December 11, 2017
The small businesses of South Carolina and across this country are very concerned that they are not being treated fairly by the tax reform proposals being considered by the conference committee on which you sit.
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Tax bill won't help small firms
December 10, 2017
As a CPA and small business owner, I know how bad the tax bill will be for small businesses.
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STATEMENT: Senate Abandons Small Business in Passage of Tax Plan
December 02, 2017
Politicians need to do more than just valorize small businesses to get elected. They must listen to small businesses once they’re in office. Today they abandoned us.
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BRTR POLL: Small Businesses Oppose Repealing ACA Mandate to Pay For Tax Bill
December 01, 2017
A new public opinion poll shows the majority of small business owners oppose repealing the Affordable Care Act’s mandate requiring individuals to buy health insurance to fund the tax bill under consideration in the Senate.
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LETTER: Nearly 1,200 Small Business Owners Send Letter to Congress Opposing Tax Bill
November 30, 2017
We, the nearly 1,200 undersigned small business owners, voice our strong opposition to the tax reform legislation under consideration by Congress. The proposals largely benefit big corporations and do little to level the playing field for small businesses.
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Morning Consult: Congressional Tax Reform Efforts Unfair to Small Businesses
November 29, 2017
BRTR Co-Chair Frank Knapp: The House and Senate tax bills neither increase consumer demand that will boost local small business economies nor make the tax code simpler for small businesses and treat them the same as corporations.
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Politico: BRTR is out with six-figure television advertisement buys in five states
November 29, 2017
Businesses for Responsible Tax Reform, a coalition of small businesses opposed to the GOP tax plans, is out with six-figure television advertisement buys in five states where potentially wavering Senate Republicans reside — Arizona, Indiana, Oklahoma, Tennessee and Wisconsin.
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PRESS RELEASE: Small Business Leaders Continue Ad Buys Across Country to Fight Tax Bill; More Than $1 Million Spent to Date
November 29, 2017
Businesses for Responsible Tax Reform launched six-figure ad buys in Arizona and Indiana this week and expanded ads that have been running in Oklahoma, Tennessee, and Wisconsin since last week.
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Forbes: Small Businesses Cast Jaundiced Eye At Tax Reform Proposals
November 28, 2017
It’s time politicians do more than just valorize small businesses to get elected. Congress needs to tear up these tax proposals and go back to the drawing board to create a plan that truly helps our nation’s job creators.
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US News & World Report: GOP Tax Plan Faces Strong Headwinds in Critical Week for Congress
November 27, 2017
A survey commissioned by Businesses for Responsible Tax Reform showed that just 32 percent of nearly 800 small business owner respondents said they think the middle class and small businesses will benefit most – despite assurances from President Trump and Republican leaders that the tax cuts are designed for middle America.
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The Hill: Poll: Majority of small businesses oppose GOP tax bill
November 27, 2017
A Public Policy Polling poll, released by Businesses for Responsible Tax Reform, a group opposed to the GOP tax bills, finds 51 percent of small businesses are against the plan. About one-third, 34 percent, support the GOP tax plan.
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McClatchy: New poll shows small business owners skeptical of GOP tax plan
November 27, 2017
With the Senate poised to begin consideration of the Republican-authored tax overhaul proposal this week, a new coalition of small business leaders wants to put lawmakers on notice that most of them don’t like the proposal.
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PRESS RELEASE: Majority of Small Business Owners Oppose Tax Reform Proposals
November 27, 2017
Scientific opinion poll finds majority of small business owners oppose the tax reform plans under consideration in Congress and believe they favor big businesses and the wealthy over small businesses and the middle class.
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BRTR POLL: Small Businesses Oppose Tax Proposals
November 27, 2017
Majority of small business owners say tax proposals under consideration in Congress benefit big business and the wealthy over small business.
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Times Free Press: Groups Bombard Tennesseans With Ads, Robocalls, Hoping to Sway Sen. Corker
November 23, 2017
NASHVILLE — With U.S. Sen. Bob Corker a potential key vote in the success or defeat of the proposed Republican tax overhaul, national groups are rushing to amp up the pressure on the Tennessee Republican's home turf with a flood of TV and internet ads and robocalls.
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CNN Inside Politics: Ad Calls Out Tax Plan's Impact on Budget
November 21, 2017
Inside Politics with John King Discusses Businesses for Responsible Tax Reform and Shows Ad. Discussion Starts Around Minute 31:50.
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The Oklahoman: Small business group spends six figures in Oklahoma to pressure Lankford on tax reform
November 21, 2017
A small business group has targeted U.S. Sen. James Lankford with television ads in Oklahoma City and Tulsa in hopes of steering him away from a tax reform bill.
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WATCH: Businesses for Responsible Tax Reform Ad Calls on Sen. Lankford to Keep Promise Not to Explode the Deficit
November 20, 2017
Businesses for Responsible Tax Reform, a nationwide coalition of small business leaders opposed to the tax bill under consideration in Congress, today announced a six-figure television ad buy in Oklahoma that urges Sen. James Lankford to keep his promise to be fiscally responsible and vote against the tax bill that balloons the deficit, which will needlessly drive up interest rates and discourage investment in small firm
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Fox News: Business group to target key GOP senators over tax plan deficit spike
November 20, 2017
The first ads highlight promises by GOP senators James Lankford and Bob Corker to oppose any plan that increases the deficit.
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WATCH: Businesses for Responsible Tax Reform Ad Calls on Sen. Johnson to Support Small Business
November 20, 2017
Six-figure television ad buy in Wisconsin urges Sen. Ron Johnson to continue supporting small business over large corporations.
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Politico: An Under the Radar Week
November 20, 2017
Businesses for Responsible Tax Reform, a group that just recently popped up, will be running ads trying to get Sens. Bob Corker (R-Tenn.) and James Lankford (R-Okla.) to oppose the Senate tax bill because of its impact on deficits
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WATCH: Businesses for Responsible Tax Reform Ad Calls on Sen. Corker to Keep Promise Not to Explode the Deficit
November 20, 2017
Businesses for Responsible Tax Reform, a nationwide coalition of small business leaders opposed to the tax bill under consideration in Congress, today announced a six-figure television ad buy in Tennessee that urges Sen. Bob Corker to keep his promise to be fiscally responsible and vote against the tax bill that balloons the deficit, which will needlessly drive up interest rates and discourage investment in small firm
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PRESS RELEASE: Small Business Leaders Invest Hundreds of Thousands of Dollars to Fight Tax Bill With Multi-State Ad Buy
November 20, 2017
Businesses for Responsible Tax Reform launch six-figure television ad buys across the country demanding senators support small business over large corporations and keep their promise not to raise the federal deficit, as the Senate’s proposed tax plan would do
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Axios: Business group to target key GOP senators over tax plan deficit spike
November 19, 2017
Businesses for Responsible Tax Reform, a coalition of small business leaders, will launch a six-figure TV campaign to oppose the GOP tax bill on the grounds that it balloons the federal deficit by more than $1 trillion.
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Accounting Today: Tax reform clears House hurdle, but obstacles remain
November 17, 2017
“At the heart of the House’s bill is a huge tax cut for corporations,” said Anne Zimmerman, co-chair of Businesses for Responsible Tax Reform. “This is a benefit for big business that is being financed on the backs of small entrepreneurs."
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CNN: Sen. Ron Johnson: Tax bill doesn't give small businesses 'a fair shake'
November 16, 2017
Sen. Ron Johnson, R-Wisconsin, explained his opposition Thursday to his party's tax bill, telling CNN's "New Day" that the plan as currently written is unfair to businesses.
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PRESS STATEMENT: House Approval of Tax Reform Bill Hangs Main Street Small Businesses Out to Dry
November 16, 2017
Today, the House of Representatives disregarded the economic well-being of America’s 30 million small business owners in favor of an epic and fiscally irresponsible giveaway to large corporations when it passed its tax reform legislation H.R. 1.
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Politico: How about those out years?
November 13, 2017
BYRD IN THE HAND: There’s no doubt that there’s a fair bit of momentum behind congressional Republicans’ efforts on taxes these days. But there’s no question about this, either: Neither the House nor the Senate bill as currently constituted would meet the requirements of Senate budget rules.
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The Hill: Tax plan gives Big Business a big handout at expense of small firms
November 13, 2017
If the 2016 election was a referendum on the economy, you’d think lawmakers would put job creation and our nation’s long-term economic viability at the heart of their plans to overhaul the tax code for the first time in three decades. They’re not.
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PRESS RELEASE: Small Business Leaders Form Coalition to Combat Irresponsible Tax Reform
November 13, 2017
Business leaders from across the country join together to speak out against tax proposals under consideration in Congress that they believe disproportionately favor big business and do little to strengthen small businesses — our nation’s job creators
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Op-Ed: Beware the fine print — a GOP tax cut for small businesses is more like a giveaway for the rich
November 12, 2017
The competing House and Senate tax bills differ in important respects, but they have this in common: a predilection to shower benefits on the very wealthy. The extraordinary reduction in the corporate tax rate to 20% is one obvious example. But the proposals’ true perversity, and the real object of the drafters’ munificence, is fully revealed only by reading the fine print. Take for instance their proposals to reward “pass-through” income with special discounted tax rates.
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Washington Post: Big business is a big winner of GOP small business tax plan
November 06, 2017
House GOP leaders have hailed their new tax proposals as helping the small-business owner, but small-business associations say they help big enterprises, not small ones, and vowed Tuesday to sink the bill in its current form.
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AP: Get Started: Mixed small business reception for GOP tax plan
November 05, 2017
The GOP's proposed tax overhaul is getting a mixed reaction from small business advocates, with some saying they hope the plan will be revised as it makes its way through Congress.
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LA Times: Tax breaks aimed at small businesses may favor a sliver of wealthy owners
September 28, 2017
When Republicans rolled out their tax reform proposal this week, President Trump highlighted a provision aimed at the vast majority of small and family-held enterprises.
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