Small Business Tax Credit Floated for $15 Minimum Wage Bill
Some express concern that the bill is too burdensome for rural communities and small businesses. To address those concerns, Rep. Terri Sewell, (D-AL) has proposed a tax credit for small businesses to help them absorb the cost of the minimum wage hike.
Source: Bloomberg Law
District for the Rich: Black-Owned Businesses Fight for Survival in Gentrifying DC
Drastic increases in property taxes are subsidizing tax breaks for the major corporations moving into the District, and forcing Black-owned businesses to close their doors.
Source: Forbes
Treasury Wrestles With How to Measure Success in Opportunity Zones
Opportunity Zones have been praised and lambasted, but which camp is right? Two of the program’s creators, Sens. Tim Scott (R-S.C.) and Cory Booker (D-N.J.), are pushing reporting requirements, but it’s unclear when they might get it passed.
Source: Politico
Advocating for Women Entrepreneurs: Dell Proposes 3 Areas for Change
Dell Technologies has proposed three policy recommendations designed to provide city leaders and policymakers with actionable, data-driven research on the landscape for women.
Source: TechRepublic
These Are the Best Places to Launch a Small Business in America
CNBC’s 2019 America’s Top States for Business study reveals which cities have a good regulatory environment, low taxes and access to capital, making them the ideal spot to launch a small business.
Source: CNBC