Federal policies have been hitting small businesses particularly hard. From the lockdown to heightened IRS scrutiny to an increased minimum wage to an expanded estate tax, many federal policies harm small businesses more than corporations and so jeopardizes the livelihoods of almost half of American workers.
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Quick Hits
Chick-fil-A
https://www.foxnews.com/food-drink/south-carolina-chick-fil-a-manager-covid-19-vaccine-drive-thru
Dodger Stadium
https://news.yahoo.com/dodger-stadiums-covid-19-vaccination-233339650.html
Foolishness of the Week
Impeachment 1
https://www.nytimes.com/2021/01/30/us/politics/trump-butch-bowers-impeachment.html
Impeachment 2https://www.cnn.com/2021/01/30/politics/butch-bowers-deborah-barbier-trump-impeachment-team/index.html
Topic of the Week
The War on Small Businesseshttps://insidesources.com/the-war-on-small-business/
Minimum Wage Costs 1.3 Million Jobshttps://reason.com/2019/07/08/cbo-says-15-federal-minimum-wage-will-cost-1-3-million-jobs/
List of Minimum Wage Peer-Reviewed Researchhttps://drive.google.com/file/d/1fbSTGYQP5ObsEMjgbDWB2W8pgz64XZS5/view?usp=sharing
The Economics of the Estate Tax
https://drive.google.com/file/d/1SrMWCAq-HfJdRGBjjQ7kr-KMTGlJjKvX/view?usp=sharing
Survey of Businesses Owners on the Effect of the Estate Taxhttps://journals.sagepub.com/doi/10.1111/j.1741-6248.1996.00303.x Union Contracts Tied to Minimum Wagehttps://www.forbes.com/sites/edrensi/2017/01/19/why-it-is-that-unions-fund-the-fight-for-15/
States to Tax Stimulus Loan Forgiveness
https://advocacy.sba.gov/2020/11/03/some-states-may-tax-forgiven-ppp-loan-proceeds/
IRS Targeting Small Businesses
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