National

The politically charged debate over high-income tax cuts is reaching a fever pitch, and the question on everyone’s lips is whether small businesses’ hiring ability will suffer if these cuts expire. Scientific opinion polling released last week shows what real small business owners think, and it might surprise you. The majority of small employers in the poll — more of whom identify as Republican than Democrat, an important distinction given the partisan nature of this debate — believe allowing tax cuts for the wealthiest 2 percent to expire at the end of the year is the right thing to do in light of our budget crisis.

They’ve been in the spotlight for months, and the attention small businesses got during the first presidential debate sent them into the stratosphere in terms of media coverage. So let’s try to answer the question a lot of people are asking: who are these small business owners everyone’s talking about?

As we move beyond the recession, it becomes increasingly apparent that our smallest businesses are the ones putting America back to work. These hardworking entrepreneurs deserve a chance to tell legislators in Washington what kinds of policies are going to help them grow and flourish. And that’s exactly what they got this week, when Small Business Majority flew 14 entrepreneurs from 11 states out to D.C. for their first annual network council trip.

Here’s a riddle for you. What did the small business owner do when she opened the letter from her health insurer. If it’s Lynn Petrazzuolo we’re talking about, she did the happy dance. Because in that envelope was a $1428 rebate check from her health insurance carrier, who was reimbursing Lynn because it had failed to spend her premium dollars the way the new federal healthcare law requires.

John Arensmeyer

Lawmakers passed up a golden opportunity recently to shake the recession’s effects and put American small businesses back on the hiring track. Congress has a lot more work to do this summer if they plan to support entrepreneurship. Small businesses across the nation are poised for growth, and now is the time to facilitate their expansion by passing smart jobs legislation and helping them access capital.

The president announced today that he will instate a host of executive actions to help small businesses. The actions address key areas of concern for small businesses, including the lack of available credit, which plagues countless entrepreneurs trying to grow their businesses and create jobs.

The U.S. Supreme Court’s ruling today upholding the Affordable Care Act is a victory for small business owners who have struggled with the excessively high cost of health insurance for decades. The Affordable Care Act tackles small business owners’ top priorities when it comes to healthcare reform: cost and accessibility. The law will significantly rein in costs while providing more health coverage options for entrepreneurs.

Our nation’s smallest businesses—those with 1-49 employees—continue to outpace large businesses in the race to put America back to work. Businesses with fewer than 50 employees created more than half of all new jobs last month, and, from April to May, they boosted the actual number of jobs they generated by 16 percent, according to data released Thursday by Automatic Data Processing, Inc (ADP). Small businesses overall accounted for more than 93 percent of all new jobs last month, while large businesses created just 6.8 percent of new jobs.