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
Madison Capital Times: Wisconsin business owners join national call to raise corporate taxes
By Mike Ivey
Madison Capital Times, Dec. 23, 2012
When it comes to discussion about the looming “fiscal cliff,” publishing company owner Paul Tabili of Racine is tired of the claim from the right that taxes are related to the number of jobs.
“As a business owner for the past 12 years I can tell you this: Hiring isn’t tied to any tax rate, it’s tied to demand for your product,” says Tabili, owner of New Paradigm Graphics Inc., a family-owned business with two employees. ...
Tabili is one of 600 business owners and executives nationwide urging a “Plan C” to break the impasse in Washington. Their plan — a take-off on House Speaker John Boehner’s ill-fated “Plan B” that would have reserved tax breaks for those making under $1 million — involves closing corporate tax loopholes and raising corporate taxes above today’s historically low levels.
The Plan C was organized through the American Sustainable Business Council, Business for Shared Prosperity and the Main Street Alliance, three progressive business organizations that have been urging “a tax system that is fair and provides sufficient revenue for the public services and infrastructure that underpin our economy,” according to a statement released last week.
Their argument is that when powerful, large U.S. corporations are able to skirt taxes with loopholes or off-shore shelters, it undermines competitiveness and shifts more of the tax burden to small businesses, which are creating most of the jobs.
A dozen Wisconsin business owners have signed on to the effort, including Tammy Wolfgram, manager and owner of Songbird Hills Golf Club in Hartland.
Wolfgram says she got involved in Business for Shared Prosperity because other business organizations seemed too conservative and were simply mouthing the anti-tax rhetoric.
“I don’t need a tax cut, I need more people coming through the door,” says Wolfgram, who says the golfing industry has taken a hit both with the recession and the cuts to public worker take-home pay in Wisconsin.
“If you have less money in your pocket, the golf league is the first thing that goes,”she says. ...
“When you say small business, most people think of the mom-and-pop operation, which certainly applies to us,” says Wolfgram, 56, whose parents built the course as a dream after working in public education their entire careers.
Racine business owner Tabili says he got involved with Business for Shared Prosperity because he was tired of hearing wealthy business owners complain about their tax burden.
“Honestly, I’ve really become disheartened over how selfish people have gotten,” says Tabili. “Nobody does it alone in this country and those who have done well have an obligation to give back.” ...
Copyright 2012 Madison Capital Times