Harms small business

Harms small business

Commentary

The Great Regulation Charade

September 20, 2011

A new study finds that the big problem faced by businesses today is economic uncertainty, not regulatory uncertainty. Business owners may not like new rules (who does?), but their real problem is a lack of customers.

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Cry Wolf Quotes

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.
02/06/2007 | Full Details | Law(s): New Jersey Family Leave Insurance

I feel that additional legislation…is only helpful to large industry and has a tendency to throttle small industry...

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Edward J. Breck, president of John H. Breck Inc. (a major cosmetics firm), Testimony, House Committee on Interstate and Foreign Commerce hearings.
06/19/1962 | Full Details | Law(s): Kefauver-Harris Amendment of 1962

This is the largest tax increase in American history….the looming tax hike will make it harder for small businesses to keep their doors open. These are not only the people who create jobs, but not only that, they represent the spirit of America.

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The Glenn Beck Show, Fox News.
10/22/2010 | Full Details | Law(s): Economic Growth and Tax Relief Reconciliation Act of 2001, Jobs and Growth Tax Relief Reconciliation Act of 2003

ABA is very concerned about the direction this legislation is headed and we are concerned over the impact it will have on the ability of consumers, students and small businesses to get credit cards.

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Ken Clayton, senior vice president of card policy at the American Bankers Association, Washington Post.
05/12/2009 | Full Details | Law(s): Credit Card Accountability, Responsibility, and Disclosure Act (CARD)
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