Podcast Episode Details

Episode 208: “Wage”ing War

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Season 1 Episode 208

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Federal policies have been hitting small businesses particularly hard. From the lockdown to heightened IRS scrutiny to an increased minimum wage to an expanded estate tax, many federal policies harm small businesses more than corporations and so jeopardizes the livelihoods of almost half of American workers.

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Quick Hits

Chick-fil-A

https://www.foxnews.com/food-drink/south-carolina-chick-fil-a-manager-covid-19-vaccine-drive-thru

Dodger Stadium

https://news.yahoo.com/dodger-stadiums-covid-19-vaccination-233339650.html

Foolishness of the Week

Impeachment 1

https://www.nytimes.com/2021/01/30/us/politics/trump-butch-bowers-impeachment.html

Impeachment 2https://www.cnn.com/2021/01/30/politics/butch-bowers-deborah-barbier-trump-impeachment-team/index.html

Topic of the Week

The War on Small Businesseshttps://insidesources.com/the-war-on-small-business/

Minimum Wage Costs 1.3 Million Jobshttps://reason.com/2019/07/08/cbo-says-15-federal-minimum-wage-will-cost-1-3-million-jobs/

List of Minimum Wage Peer-Reviewed Researchhttps://drive.google.com/file/d/1fbSTGYQP5ObsEMjgbDWB2W8pgz64XZS5/view?usp=sharing

The Economics of the Estate Tax

https://drive.google.com/file/d/1SrMWCAq-HfJdRGBjjQ7kr-KMTGlJjKvX/view?usp=sharing

Survey of Businesses Owners on the Effect of the Estate Taxhttps://journals.sagepub.com/doi/10.1111/j.1741-6248.1996.00303.x Union Contracts Tied to Minimum Wagehttps://www.forbes.com/sites/edrensi/2017/01/19/why-it-is-that-unions-fund-the-fight-for-15/

States to Tax Stimulus Loan Forgiveness

https://advocacy.sba.gov/2020/11/03/some-states-may-tax-forgiven-ppp-loan-proceeds/

IRS Targeting Small Businesses

https://www.cpapracticeadvisor.com/tax-compliance/news/21205514/irs-expected-to-audit-more-small-businesses-in-2021

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Published on 4 years, 10 months ago