Yet our small business owners across the country are unfairly losing potential interest income on a daily basis until the Business Checking Freedom Act becomes law.
Sentiment: NEGATIVE
Small businesses provide 75 percent of new U.S. jobs and are the backbone of our economy, and no outdated ban should be keeping small business owners from collecting the same interest their money could earn if it were held by an individual.
We owe it to American taxpayers to make sure that contracts intended for small businesses go to small businesses.
You can't operate a business running at a loss, and particularly if you're doing it by paying yourselves. It just doesn't fly.
When we get government off the backs of our job creators, small businesses have a better chance of thriving. And when small businesses thrive, so does our economy.
If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that it's not counting as corporate income, that is what this is counting as a small business.
Oftentimes, small business owners are unable to obtain reasonably priced financing and instead turn to higher priced forms of capital, such as credit cards.
Providing tax relief and reducing regulations leads to job creation and new economic opportunities for our small businesses, which are the backbone of our economy.
For small businesses, you need less taxes, less federal spending, and you need less regulation that blocks their growth.
Politicians also have a love affair with the 'small business exemption.' Too much paperwork? Too heavy a burden? Not enough time? Just exempt small businesses from the rule. It sounds so pro-growth. Instead it's an admission that the costs of a regulation just can't be justified.
Legitimate small businesses are put at a huge competitive disadvantage when bad actors lie about their small business status and don't play by the rules.
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