In today’s OCRegister online Jan Norman’s article refers to the National Association Of Independant Business’s (NFIB ) Top 10 list for Government to do to help small business.
1. Pass the Small Business Health Options Program (SHOP) Act, which would lower the cost of health insurance by providing tax credits, market pooling, ratings reforms and administrative cost savings.
2. Pass health information technology legislation to streamline record-keeping, reduce errors and create efficiencies in the healthcare system that cut costs.
3. Make the current marginal rate tax cuts permanent, keeping individual and sub-S tax rates low.
4. Make small-business expensing permanent at a level of $250,000 per year, while ensuring that expensing and bonus depreciation provisions don’t penalize small-business owners who are unable to place new equipment in service in the same year the purchase is made.
5. Eliminate the Alternative Minimum Tax.
6. Enact permanent federal estate tax relief with a $5 million per person exemption and a tax rate no higher than the top marginal rate.
7. Create a small-business net operating loss carry-back extension that allows small business owners to offset taxes paid in previous years with this year’s losses.
8. Defeat the Employee Free Choice Act, also known as card-check legislation, which would significantly raise the cost of wages and benefits for newly unionized small businesses.
9. Defeat any attempts to expand the Family Medical Leave Act to smaller businesses, which can’t afford to pay for the required leave.
10. Defeat any attempt to require small businesses to offer paid sick leave to employees.
I can simply the list for you
1. Cut taxes and regulation
Or better yet – Just get out of the way.