282 results for search: small business


Texas Small Businessman: “225% Increase Is Not Cheaper”

“Common sense. Where’s the common sense?” asked Todd, a sole proprietor of a small company who is trying to cope with all the cost increases from Obamacare. Since the passage of the Affordable Care Act, the Texas resident has seen his premiums skyrocket, and the worse is yet to come. “My independent health insurance that I carry for me and my family would be considered the bronze equivalent of Obamacare. My insurance rate has increased 225% in the past four years,” shared Todd. “It was running about $400 a month. Now, it is up to $900 a month [with a $4,000 deductible].” While his carrier has not given any indication of ...

Obamacare’s Bloodletting of Small Business

Small businesses – the bread and butter of our communities, provide “55% of all jobs and 66% of all net new jobs since the 1970s,” according to the Small Business Administration. Yet, the President’s signature legislation – Obamacare – has caused hardships for many of them as owners and employees alike face policy cancellations, increased premiums and the impact to their bottom line. Skip, a self-employed small business owner in Pennsylvania, has seen firsthand how some are taking a financial hit due to the so-called Affordable Care Act. “I purchase my health insurance through an alliance of small business owners. I have a $3,500 ...

Obamacare Impact: Small Businesses Hurt by Obamacare.

Mike G is a small business owner. Read his story about how Obamacare is taking money out of his pocket. Last year I was robbed of $4,600, I am currently being robbed as I speak, and my employees who have health insurance are also being robbed. In fact did you know that over a million small family run businesses that provide health insurance for their employees are also being robbed at this very moment? We can’t call the police we can’t call the FBI, the CIA, Not even Superman or Captain Marvel can even help! We are being robbed due to the implementation of the Patient Protection and Affordable Care Act. Which was created by the new Super ...

Unions and Business Owners Agree – Obamacare Harms Workers

Since the passage of Obamacare, President Obama has claimed the law will benefit working Americans. A survey by NBC News of business owners and other organizational leaders – people who actually participate in the fields of economics and markets – finds this to be largely a falsehood only believed in the White House, the fevered imaginations of editors at Huffington Post, and some Members of Congress. From NBC: NBC News spoke with almost 20 small businesses and other entities from Maine to California, and almost all said that because of the new law they’d be cutting back hours for some employees – an unintended consequence of the new ...

Obamacare: Exhibit A in how Washington doesn’t know business

Last year, a number of restaurant franchise CEOs made news for declaring they would likely have to cut hours or employees as a result of Obamacare. They were hammered in the media for their alleged selfishness. From Greta Van Susteren comes another franchise CEO complaining about Obamacare’s impact on his three restaurants – only instead of cutting back on employees, the owner is letting them all go. From Real Clear Politics’ transcript: WESTBROOK: In 2010 I was president for the Texas Restaurant Association and it was my job to track the efforts of the House and Senate to pass that bill and then also find out what was inside it. The first ...

Uniforms, Morale and Big Business

In May, Tea Party Patriots reported on how uniform envy in the military has cost taxpayers millions of dollars. With the backlash caused by the Government Accountability Office report that brought this waste to light, it’s no surprise that both the Senate and House Armed Services Committees will be trying to reduce those costs after the fact. According to Roll Call, the issue is causing quite a bit of heartache up on Capitol Hill and within many of the military’s brass. Consolidating the number of uniforms, which would affect almost all of the 2.2 million men and women in the active and part-time armed forces, could save up to a quarter of a ...

Internet businesses, taxes, & Senator Mitch McConnell

In late April, Senate Minority Leader Mitch McConnell (R-KY) spoke against the Marketplace Fairness Act. The Senator’s comments – seen in full here – deserve both criticism and praise for philosophically sound positions and an awareness of the complexity of America’s various tax codes mixed in with factually inaccurate assessments of the Act. First, where the Senator was correct. As part of his statement, Senator McConnell said there are “there are nearly 10,000 state, local and municipal tax codes nationwide.” Glenn Kessler examined this at The Fact Checker, and found the following: McConnell’s office said he got the figure from ...

Big Business/Big Government collusion continues to strengthen

The Washington Examiner’s Timothy Carney is one of the best reporters on government corruption and the “revolving door” of politics. On Monday, he caught one of the best recent examples of the heavy hand of government helping well-connected pals: The Dodd-Frank financial regulation bill of 2010 will help the big banks by adding complexity and overhead costs that widen the protective “moat” around the biggest guys. I’ve been arguing this all along, and today JP Morgan CEO Jamie Dimon agrees. Here’s the report from an interview with Dimon (via The Business Insider): And not citing regulatory risk was interesting. [Dimon] even pointed ...

Obama Administration Continues Federal Government’s Tradition of Harming Business

Haven’t you always wanted to see just how much economic growth is lost to federal regulations? As of this week, you can, thanks to the Competitive Enterprise Institute (CEI) new draft report,“Tip of the Costberg,” which hammers the federal regulatory cost to the American economic system. The report, put together by CEI Vice President of Policy Wayne Crews, found that our economy is taking a $1.8 trillion hit through existing federal regulations plus those coming once the President’s health care law is fully implemented. In the 92-page report, Crews absolutely tore apart the Office of Management and Budget (OMB) for saying the cost of ...

News Briefing for Thursday, March 26

TEA PARTY PATRIOTS: The GOP quandary: How far right without falling over the edge? “…Wisconsin Gov. Scott Walker, who is at or near the top of most early polls among Republicans, likes to boast how he stuck to conservative principles to win statewide office three times in a centrist state. “To win the center, you don’t have to go to the center, you have to lead,” he said last week during a Tea Party Patriots telephone town hall. Tea party loyalists are still somewhat wary of Walker, though, because of past positions on immigration and government support for ethanol, a big issue in Iowa, site of the nation’s first caucus…” ht...