It’s no secret that HB 2 has been nothing short of an economic disaster for the state. PolitiFact found that the discriminatory law already cost North Carolina around $500 million and a minimum of 1,400 jobs. The Associated Press estimated that the law would eventually cost the state $3.76 billion if left in place. Given the clear economic consequences of HB 2, it’s disappointing that lawmakers made a deal in March to only partially repeal it, because that compromise could still pose a danger to North Carolina’s small business ecosystem.
Everyone knows that reforming America’s tax system is among the tougher tasks lawmakers consider every year, which is why our tax code has undergone few significant changes over the last two decades. This slow pace of progress, however, is deeply harmful to small businesses that are consistently held back by tax rules that favor large corporations while hindering small firms.
For small business owners who often work day-in and day-out with the same people for years, employees feel like family. And while many small businesses want to help their employees lead healthier and happier lives, they often don’t have the resources to do so. That’s why we’ve committed to providing free educational opportunities and programs focusing on wellness and financial health for small businesses!
Steven DeMaio has thrived as a freelance writer and editor for almost 10 years, with clients throughout the U.S. and internationally. Currently based in New York, Steven understands the challenges of working for yourself and, more recently, the uncertainty of the political landscape on healthcare.
Paid family leave has been a hot topic lately, and as usual, the impact to small business is a central component of the debate. New scientific opinion polling we released this week with the Center for American Progress finds the vast majority of small businesses in fact support paid family medical leave programs, and that many small employers already offer formal or informal family leave policies, many of which are paid.
When it comes to employee benefits, the difference between working for a small business and a large corporation can be the difference between eating at a buffet and dining a la carte: neither are bad options, but one usually offers more choices than the other. Unfortunately, far too many lawmakers in Washington, D.C. fail to understand that small businesses often do not have the resources to offer a buffet of benefits, which can result in high employee turnover.
Some lawmakers may be intent on repealing and replacing the Patient Protection & Affordable Care Act (ACA), but our new scientific opinion polling released today shows small business owners support the ACA over the American Health Care Act (AHCA), the Republican plan to replace the law currently being considered in Congress.
Here are 5 key takeaways from our poll:
At Resilient Beauty Bar in Fairfield, CA, you’ll experience a warm and inviting atmosphere where the wellbeing of the client takes priority. The proud owner, Dee Naylor, has been a beauty professional and stylist for more than fifteen years, and hopes to eventually open a second location. But her plans to expand her business are on hold, as they hinge on the future of the Affordable Care Act.
Lawmakers who dream of gutting the Affordable Care Act (ACA) do not seem to care about its importance to small business owners, particularly those who are solo entrepreneurs. What these politicians fail to understand is that the health care law is the first meaningful insurance reform available to entrepreneurs in decades. In fact, for many self-employed business owners, their firms would not exist without it. That’s why repealing the law is going to be a sizable setback for entrepreneurship.
Maricar Tinio is an example of the quintessential entrepreneur. In addition to having over fifteen years of experience in the legal industry, she is a three-time cancer survivor who has started and co-owned several businesses. Her most recent venture is Mardavis Group, Inc., a legal recruiting firm in Chicago that she launched just last year. But unfortunately her new business may come to a standstill if the Affordable Care Act (ACA) is repealed.