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
Marketplace Radio: Small business owners on the Buffett Rule
Interview by Kai Ryssdal
Marketplace, American Public Media, April 11, 2012
Excerpt from Interview with Lew Prince, owner of Vintage Vinyl in St. Louis.
Prince: We employ 24 people. We're in the very low single-digit millions in [gross] income.
Ryssdal: If the Buffett Rule passes and people who make a million dollars or more wind up paying 30 percent at least on their taxes, is that going to bite you? Are you making a million a year?
Prince: No. It would actually take about a decade of my income to get even near the Buffett Rule. I actually was talking about this with my accountant. He has, he tells me, 400 small business customers and of them maybe four will be affected by it. That seems to be real consistent. It seems to be about 1 percent of the people who make any income off small business would be affected.
Ryssdal: If it's not tax rates to help you with your business, what do you need then?
Prince: I need educated people. I need the infrastructure to deliver my product. I need really good broadband everywhere so that I can compete with these countries that are moving ahead of us incredibly quickly in those areas. Those who are the most successful really should feel it's their patriotic duty to keep it going for the rest of the people.
Listen here to the full show: