Small businesses are one of the most respected constituencies in the country, and certainly one of the most courted by policymakers in Washington. However, small businesses are also a group that legislators and the general public understand little about—the very smallest ones, especially. Those businesses are known as “micro businesses.”
Small Business Majority's assessment of the Environmental Protection Agency’s proposed Clean Power Plan on small businesses finds the proposal is an essential step toward addressing the threat of climate change while bolstering small businesses and unleashing new economic opportunities. The paper includes recommendations policymakers can follow as they begin implementing the Clean Power Plan—first-ever standards limiting the emissions of carbon from power plants.
The Antiquities Act of 1906 authorizes protection of public lands through national monument designation. At the time this report was written, President Obama had designated 17 new national monuments and two monument expansions. This preservation of public lands benefits local economies and small businesses as they attract visitors to these often-rural areas. Monument visitors spend money on entrance fees, lodging, meals, and other retail items from local businesses during their trip—providing an economic boost to local communities.
Small businesses have become a key weapon in politicians’ arsenals when arguing for practically any policy that has an economic impact. Policies associated with the current tax debate are no exception. Countless rounds of legislative battles have been and will continue to be fought over whether small businesses will be hurt if tax breaks for high income earners are allowed to expire at the end of 2012.
For the second time since the summer of 2011, Congress is debating whether or not to raise the federal debt ceiling—the legal limit on how much the federal government can borrow. While addressing our debt is an important issue that carries weight for small business and the economy, some politicians have been misusing the debt ceiling as a mechanism for furthering their own partisan agendas. Short-term solutions lead to uncertainty for small businesses and our job creators want our leaders to put this issue to rest.
Small Business Majority released a scientific opinion poll that found the majority of small businesses support publicly-administered paid family and medical leave insurance programs, which would allow employees to receive partial income when they need to take time off to recover from a serious illness or care for a new child or sick family member.
Small businesses are working hard to move their companies, and our economy, beyond the recession. As much as they’ve already accomplished to lift employment levels, these entrepreneurs are not immune to the lingering effects of our disrupted financial market, and they want smart steps taken to address their needs. Contrary to the mantra that slackening Wall Street’s reins will bring economic growth, four out of five small business owners believe Wall Street should be held accountable for the practices that caused the financial crisis, through tougher rules and enforcement.
Small business owners are suffering from weak sales and decreased customer demand, and on top of that, a lack of access to credit. It is difficult for small business owners to access the credit that will help them grow, hire and jumpstart the economy. Our new opinion polling shows an overwhelming 90% of small business owners nationwide agree the availability of credit for small businesses is a problem, and 61% agree it’s harder to get a loan now than it was four years ago.
Small business owners are doing everything they can to grow their businesses in our slowly-recovering economy. In order to thrive, entrepreneurs need smart policies that help bolster their bottom lines and fuel the consumer demand that underpins economic success. They believe increasing the federal minimum wage will help do this.
Small business owners agree protecting our natural assets is a good way to enhance the success of local businesses and economies, particularly in the West, where parks and monuments play a large role in attracting talent and creating and keeping jobs.
Small business owners understand the connection between the preservation of public lands and their bottom lines. National parks and monuments bring tourism dollars into their places of business and help attract talented employees, and many entrepreneurs started businesses in communities near public lands because of that reason.