Harms small business

Harms small business

Commentary

The Great Regulation Charade

September 20, 2011

Cry Wolf Quotes

Serves to drive independent contractors out of business and inhibit the ability of small business to survive by making the business liable for actions of a contractor. Small business and contractors who become small businesses are taking up the slack from corporate downsizing and contribute greatly to the prosperity of the state.

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Letter from Ronald D. Long, Director of Human Resources, M.C. Gill Corporation.

A public plan would be unfairly matched against private plans and according to a 2009 Lewin Group Study, if the public plan’s reimbursement rates are similar to Medicare, an estimated 119 million people will shift from private insurance to the public plan. Within years, private insurers could be driven out of business and a “Single Payer System” will evolve. Moreover, an improperly constructed employer mandate could have a devastating impact on main street businesses that would be saddled with a significant economic burden.

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Independent Insurance Agents and Brokers of America statement, Washington, D.C.
06/10/2009 | Full Details | Law(s): Affordable Care Act

Everyone is affected by its [OSHA’s] pervasive coverage, orientation toward imposing penalties and its incredibly complex regulations and standards.…However, OSHA standards are complex and often require expert interpretation. For smaller businesses, the cost of deciphering which regulations apply to them and then determining if they conform can be excessive.

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Chamber of Commerce newsletter, June, 1973.

Small businesses can and do fail because of this. There is a cost, both in dollars and in disruption. The cost in dollars is the cost of a temporary worker for which the company pays a premium, the training of a replacement worker and the overtime paid to remaining workers who help fill in for that absent employee.

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Michael Yates, president of a Hampton-based human resources consulting company. The New Jersey Media Group.