A Quote by Annie Lowrey
The Paycheck Protection Program created in the CARES Act did help many small businesses keep employees on their books in the early days of the pandemic. But many small firms are ailing now; the hospitality industry has been decimated; and state and local governments are shedding workers.
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The Paycheck Protection Program has been vital to helping our small businesses and workers weather the coronavirus pandemic. Yet this program has operated with little oversight, and we've seen Kansas small businesses owners struggle to access relief while large corporations with deep pockets have no problem.
And what's interesting, and I don't think a lot of Americans understand this fact, is that, one, most new jobs are created by small businesses; two, most small businesses pay tax at the individual income tax, or many small businesses pay tax there.
Many small businesses rely on small financial institutions, like credit unions and community banks, to meet their capital requirements. Without them, these small businesses would have to close their doors.
Our party [Republicans] has been focused on big business too long. I came through small business. I understand how hard it is to start a small business. That's why everything I'll do is designed to help small businesses grow and add jobs. I want to keep their taxes down on small business. I want regulators to see their job as encouraging small enterprise, not crushing it.
2009 was a tough year, but Australia rose to the challenge of the global financial crisis. It shows what can be done when we all join together and work together, governments of all persuasions state, territory and local; businesses large and small; unions and local communities right across the nation.
As I've traveled around the country, it has surprised me how many times I've heard people in small businesses use that word 'saved.' I believe many small businesses would not have had access to credit and would not have survived without the $50 billion that we were able to put into the market.
Low-wage workers are also consumers. It's just common sense: when these workers have more take-home pay it leads to spending that trickles up to benefit many small, locally owned businesses.
President Obama shopped at a book store to help support Small Business Saturday. He bought fifteen books. His tax policies and his health care law have been so brutal on small businesses the only way they can survive is if he shops there personally.
The Tax Cuts and Jobs Act is a strong start to help Mississippi families keep more of their hard-earned money and to help small businesses create jobs.
As a member of the House Committee on Small Business and because of my own experience as a small business owner, I am appreciative of the impact these small businesses have on our local economies.
In terms of intellectual property, so many of the job creators I know are start-ups. In the IP setting, we can meaningfully improve on the status quo, and in so doing, we can help small businesses, large businesses, and those in between.
Most businesses do not take governments seriously when it comes to climate, primarily because many governments have inconsistent and incoherent policies and then often keep changing them, sometimes retroactively. This makes businesses reluctant to invest in greener technologies.
The TECH Careers Act will open the door for more Americans to have successful middle-class careers and help small businesses in Connecticut and across the country access a qualified pool of talented workers.
We've had this program for a number of years now, called 10,000 Small Businesses, where Goldman Sachs has convened a group of partners to basically give business education to small business owners.
Small businesses win as they get more contracts; workers win as small businesses create jobs; and taxpayers win as prices are driven down.
Hiking taxes on the so-called wealthy would help send us into a recession because so many small businesses report their income on individual tax returns. If taxes are raised, they will be less likely to be able to hire new workers and make new capital investments.
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