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
In the News
I love America, and have proudly invested in America. I have invested by building successful businesses employing thousands of American workers. And I have invested in our country by paying taxes.
But our nation loses $100 billion a year to tax dodging by some of our largest corporations and wealthiest people. That’s a trillion dollar hole in our national treasury over the next decade unless we act now to plug it.
By Scott Klinger and Holly Sklar
Op-Ed Syndicated by the American Forum, June 30, 2011
By Mark Henricks
BNET, July 29, 2011
A Small Business Friend or Foe?
Most business owners would agree that business is already subject to an adequate amount of government regulation. Except, that is, when the topic is regulating financial institutions. In a January 2010 survey of 1,237 small business owners in 13 states, the Main Street Alliance found 67 percent of respondents liked the idea of a consumer financial protection agency, and only 12 percent opposed.
By Mark Karlin, Editor of BuzzFlash at TruthOut
BuzzFlash, July 29, 2011
John Boehner's alleged American/global corporation "job creators" are actually job killers in the United States.
By Zach Carter
Huffington Post: July 27, 2011
WASHINGTON -- As political leaders push to reduce the nation's deficit with dramatic spending cuts, small business owners are asking Washington to lower the deficit by closing offshore tax loopholes, which cost the United States as much as $100 billion a year.
By Karen M. Kroll
IDG News Service, CFO World, July 26, 2011
Hispanic Business, July 15, 2011
By South Carolina Small Business Chamber of Commerce
Columbia Star (SC), 7/15/11
On July 12, Frank Knapp of the SC Small Business Chamber of Commerce joined Senator Carl Levin in a Washington, DC, press conference to announce the introduction of the Stop Tax Haven Abuse Act. Below are Mr. Knapp’s comments that he made today to the national media.
Business Day (International), July 14, 2011
The bill sponsored by Senator Carl Levin, and takes an aim at offshore tax haven abuses which according to reports cost approximately $100 billion in lost tax revenue each year. it is co-sponsored by a couple of other Senators and the Whitehouse, and supported by business leaders and public interest groups including Global Financial Integrity.
Cascade Business News: Small Business Leaders Say Offshore Tax Havens Draining Revenues, Investment, Jobs
Cascade Business News (OR), July 14, 2011
Washington DC, July 13, 2011 – Small Business leaders applaud new legislation to stop tax haven abuse by U.S. multinationals that will cost at least a trillion dollars in lost tax revenue over the next decade.
By Michael Cohn
Accounting Today, July 13, 2011
Sen. Carl Levin, D-Mich., and several other senators have introduced a bill to close offshore tax loopholes and strengthen offshore tax enforcement.
International Tax Review, 12 July 2011
Michigan Democratic Senator Carl Levin at a July 12 press conference presented a revised version of his 2009 Stop Tax Haven Abuse Act. The Bill would close loopholes connected with offshore credit-default swaps and foreign subsidiary deposits and would require firms to do country-by-country reporting.
By Gene Marks
New York Times, July 11, 2011
Red Tape Update: I Demand That You Audit Me
Op-Ed By Frank Knapp Jr.
The Hill, June 29, 2011
Lucy is at it again. “I’ll hold the ball, and you come running and kick it,” Lucy tells Charlie Brown.
We all know what to expect. Charlie Brown will run to kick the football and Lucy will pull it away...again. Charlie will fall flat on his back.
By Zach Carter
Huffington Post, June 22, 2011
With an unemployment rate still above 9%, there is a growing call from corporations for a tax holiday on money parked overseas.
By Martin Cloake
Daily Finance, June 15, 2011
The voice of Main Street is being raised in the US to oppose lobbying by multinationals aimed at securing a tax holiday in return for the repatriation of assets. The small business coalition Business for Shared Prosperity says: "Don't let corporate tax dodgers dominate debate over corporate tax reform."
By Brian Setzler
Op-Ed in The Hill, June 14, 2011