BSP In the News
- The Hill: Frank Knapp, Small business opposes multinational corporations' tax avoidance
- Minimum Wage News at our BUSINESS FOR A FAIR MINIMUM WAGE website
- The Hill: Report: Taxpayers shoulder burden for offshore tax haven use
- Paramus Post (NJ): Offshore Tax Havens Cost Average Taxpayer $1,026 a Year, Small Businesses $3,067
- U.S. PIRG, Sen. Levin, Small Business Leaders Release "Picking up the Tab 2013: Average Citizens and Small Business Owners Pay the Price for Offshore Tax Havens"
- American Forum: Scott Klinger, Half Time at the Federal Budget Super Bowl
- Philadelphia Daily News: Talking Small Biz
- Triple Pundit: Don’t Blame Google and Starbucks For Minimizing Tax Bills
- Roll Call: Time for Plan C - Close the Floodgates on Corporate Tax Dodging
- CFO: Small Biz, the Fiscal Cliff, and the Big, Bad Bank
- Westerly Sun: Business leaders urge change in tax system
- McClatchy Tribune News Service: A plea for tax fairness from small businesses
- UPI: 'Fiscal cliff': Is there a Plan C to avoid tax increases, spending cuts?
- Madison Capital Times: Wisconsin business owners join national call to raise corporate taxes
- Charlotte Observer: Charlotte small business owners urge tax reform
- Politico: 'Revenue-neutral' tax reform takes hit
- National Journal: Sen. Levin, Small Businesses Push for Corporate Tax Hikes
- Washington Post: Sen. Levin wants corporate tax revenue in a fiscal cliff deal
- The Hill: Corporate revenues must be in debt deal
- Accounting Today: Small Business Leaders Urge Closing of Corporate Tax Haven Loopholes
Huffington Post: Small Businesses Believe Wealthy And Big Corporations Not Paying Their Fair Share Of Taxes
By Janean Chun
Huffington Post, Feb 6, 2012
Small-business owners don't think big corporations and the wealthy are paying their fair share of taxes, with nine out of 10 small-business owners saying that big corporations use loopholes to avoid the taxes small businesses have to pay, according to a nationwide survey released Monday by the American Sustainable Business Council, Main Street Alliance and Small Business Majority. Ninety-two percent of the small-business owners say corporations using tax loopholes, such as moving U.S. profits to offshore subsidiaries, is a problem, while three out of four say their small business is harmed when big corporations use loopholes to avoid paying taxes.
Sixty-seven percent of small-business owners believe big corporations pay less than their fair share of taxes, while 73 percent believe multinational corporations pay less than their fair share.
"I've been in business 32 years, and I'm appalled at how big corporations and millionaires have shrunk their taxes," Lew Prince, managing partner of Vintage Vinyl, an independent music store in St. Louis, Mo., said in a release from American Sustainable Business Council, Main Street Alliance and Small Business Majority. "Ingrates like Amazon wouldn't even exist without the Internet, which grew out of government research. The least that big corporations and their executives could do is pay their fair share for the roads, ports, education, research, public safety and everything else that tax dollars buy."
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