355 results for search: businesses


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 ...

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 ...

Rep. Campbell Proposes New Property Insurance Options for Businesses

Many businesses, especially in high risk areas like hurricane territory have few options for low cost insurance. Some have turned to forming captive insurance entities such as risk retention groups which are insurance companies owned by their own company or an association of similar companies to meet their needs. These entities are currently not able to provide commercial property insurance to their insured owners. Rep. John Campbell has authored the Risk Retention Modernization Act (HR 2126) with his cosponsor Rep. Peter Welch (D-VT) to try to change this. “This bill addresses a critical need in commercial insurance for business entities. ...

News Briefing for Thursday, April 23, 2015

HEALTHCARE: Another Side Effect of Obamacare: Increased Food Stamp Enrollment? “Expanded Medicaid under Obamacare could be responsible for more people signing up for food stamps, the Associated Press reported. That’s because so many state agencies are making it simpler to enroll in multiple government assistance programs at once if they are eligible for Medicaid. In New Mexico, enrollment for Supplemental Nutrition Assistance Program, better known as food stamps, grew by 5 percent in 14 months. “We attribute the increase in SNAP to Medicaid expansion,” New Mexico Human Services Department Deputy Secretary Sean Pearson told the AP. ...

News Briefing for Tuesday, April 21

HEALTHCARE: Obamacare is benefitting the biggest hospitals and insurers, and that's not a good thing “These days, when liberals defend Obamacare, they often say something along the lines of, Look, Obamacare can't be that bad, even big business likes it! A writer at the liberal Mother Jones defended Obamacare by pointing out that the largest hospital chain in America is fighting to save the law. Wendell Potter, at the Center for Public Integrity, seems to think it's a rebuke to Obamacare's critics that the nation's largest health insurer is making bank off the law: Anyone who still thinks the Affordable Care Act was a "government takeover of ...

News Briefing for Monday, April 20

HEALTHCARE: Group Takes On Insurance Companies Over Obamacare “Justin Danhof, general counsel for the National Center for Public Policy Research, challenged the president of Humana Thursday for his support of Obamacare during a shareholder’s meeting. Danhof took aim at Bruce D. Broussard, president of the insurance giant Humana, over his support of Obamacare, particularly in light of ongoing legal challenges. Broussard defended his position arguing healthcare is a right and therefore must be respected, an answer Danhof disputed. “I think at Humana, we have one fundamental belief and that is that individuals have the right to receive health ...

News Briefing for April 18

HEALTHCARE: Under Obamacare, Competition Is Costly For Consumers “Normally, market competition is good for consumers. More competition generally means competitors are battling each other to lower their prices and/or raise the quality of their goods. But when it comes to Obamacare, the market is working backwards, at least for people receiving health insurance subsidies through the exchanges. The more competitive the marketplace, often the more people have to pay for insurance. How did this happen? The Affordable Care Act, aka Obamacare, created a series of exchanges where people can shop for health insurance if they don’t already receive it from ...

News Briefing for Friday, April 17

HEALTHCARE: 27.49% of Everyone's Tax Bill Is Spent on Health Care Share of Each Taxpayer Dollar Spent on Health Care Up 22 Percent Since 2012. “Every year since 2011, the White House has used tax time to post a "Federal Taxpayer Receipt" showing taxpayers how their federal tax dollars are being spent. President Obama introduced the concept in his 2011 State of the Union address, and Wednesday the White House posted the fifth installment so taxpayers can see how "tax dollars are being spent on priorities like education, veterans benefits, and health care."  While users can punch in their own tax liability and see dollar amounts assigned to each ...

News Briefing for Thursday, April 16

TEA PARTY PATRIOTS: Marco Rubio and the Three-Strikes Theory of Politics “…In the past year or so, Rubio has been trying to regain the trust of his party’s hard-liners, saying that nobody has an automatic right to immigrate to the United States and stressing that improving border security should be the first priority. He’s had some success in this enterprise. “I think that Sen. Rubio has done something that most politicians don’t do,” Jenny Beth Martin, the president and co-founder of the Tea Party Patriots group, told Politico. “He evaluated what went wrong … [and] is working to make sure he doesn’t make the same mistakes ...

News Briefing for Wednesday, April 15

TEA PARTY PATRIOTS: Marco Rubio jumps into 2016 presidential race “…Jenny Beth Martin, co-founder of the Tea Party Patriots, hailed Rubio's announcement. "Marco Rubio's candidacy and the 2016 election are about the future, not the past," Martin said. "He knows firsthand that prosperity comes not from a government program but from free markets and the hard work done by millions of individuals and small business that still believe in the promise of the American Dream."…” http://www.floridatoday.com/story/news/local/2015/04/13/rubio-tells-donors-he-is-running-for-white-house/25707281/   Rubio vows to lead new 'American ...