Late last year, California held the nation’s inaugural cap-and-trade auction, where greenhouse gas emission permits were sold in an effort to monetize and reduce carbon pollution. And just last month, new cap-and-trade regulations on large power and industrial plants officially went into effect.
John Arensmeyer
John Arensmeyer
Small business has been the focus of Washington’s high-profile tax debate, both prior to and following the “fiscal cliff” fracas that closed out 2012. But as noisy as the small business tax issue has been, there’s been considerably more time spent debating cuts that will help a thin sliver of taxpayers in the top brackets than hashing out solutions that will help the vast majority of entrepreneurs
Originally featured on the Enroll America blog:
John Arensmeyer
Original statement issued Jan. 1, 2013:
The small business community and the nation breathed a sigh of relief today as lawmakers reached a bi-partisan 11th hour deal to avert the “fiscal cliff,” while taking significant steps to reduce our budget deficit. However, more work must be done to put our country on a responsible path toward long-term economic growth and fiscal sustainability.
Small business owners make hard decisions every day. They compromise on things they sometimes wish they didn’t have to, but they do it for the good of their business, their employees and their families. They do it because they have to if they want to continue running a successful business.
The New Year is just around the corner, which means we’re mere days away from falling off the so-called fiscal cliff. This impending situation — created by a vast array of tax provisions set to expire January 1, at the same time that across-the-board spending cuts start to kick in — could spell disaster for the small business community and our slowly recovering economy.
Co-authored by Erica Schoder at R Street Institute and originally featured in The Huffington Post:
A look at the numbers makes it clear that America’s economy relies on small business. After all, they create a majority of new jobs and employ four out of six American workers. And it’s not often political leaders miss an opportunity to tout the importance of this critical constituency.
Across the United States, Main Street small businesses are working to rebuild our economy. These entrepreneurs, who have created two out of every three jobs over the past two decades, are doing all they can to hire, grow and move their businesses forward. One of the ways they’re doing it is through innovation—particularly in the clean energy arena.
John Arensmeyer
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