Is a Payroll Tax Holiday the Answer?

Government and Economy Would a Payroll Tax Holiday Boost Employment and Spending? Taking a six-month holiday from the federal government's 6.2% payroll tax would reduce labor costs to small businesses and help prevent layoffs, says a major small business organization in a recent pitch to Congress. Consumer Price Drop Greater Than ExpectedA record plunge in consumer prices in November puts pressure on the Federal Reserve to act decisively to guard against a debilitating bout of deflation. Probe: Small Business Funds Squandered... [Read Full Article]


Small Business Brief for 11/19

Politics and Government Business Braces for Washinton Changes Businesses across the U.S. are bracing for stricter financial regulations and more pro-labor policies. One such policy actively opposed by business interests allows unions to hold informal votes, without the use of traditional secret ballots. Economics and Labor Issues Cash Injections May Eclipse Fed's Benchmark Interest Rate The Federal Reserve's efforts to rescue the U.S. from financial collapse risks the eclipse of the central bank's benchmark interest rate as the most important signal of monetary policy. Consum... [Read Full Article]