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Government and Economy Small Business: Mixed Reviews for Obama's Fist 100 Days Some are happy, others are not. Some feel the president is ruining the economy with taxes, costs and regulations while others take solace in seeing specific agenda items like healthcare reform move forward. WSJ.com Fed Keeps Purchase Targets—A Sign That the Worst of Recession Has Passed The Federal Reserve has decided not to increase its purchases of Treasuries and mortgage securities, saying that the economy is beginning to show some signs of stability. Bloomberg.com
By Charles M Cooper · April 29 2009 small business brief, marketing, small business, economy
Government and Economy Specter's Party Switch Raises Hopes for Card Check Senator Arlen Specter claims that his move to the Democrat Party will not change his vote when it comes to the union-organizing legislation, but a compromise that could allow the bill to slide through may now be easier. BusinessWeek.com House Leader Pushes for Mileage Tax Rep. James Oberstar (D-MN), chairman of the House Transportation and Infrastructure Committee, wants Congress to enact a mileage-based tax on cars and trucks to pay for highway programs now, rather than wait the results of a pilot program, to make up f...
By Charles M Cooper · April 28 2009 small business brief, marketing, small business, economy
Government and Economy The Push for Online Sales Taxes States and the federal government are working hard now to turn e-tailers into tax collecters. In these efforts, some powerful online entities like Overstock.com and eBay stand opposed, while others like Amazon.com are calling for uniformity. BusinessWeek.com Small Business Tax Cuts Dwarfed by Proposed Tax Increases Business owners are watching the President spend more money than any president in history while, at the same time, proposing an extra $1.3 trillion in taxes for business and high earners over the next decade to pay for it. Wash...
By Charles M Cooper · April 27 2009 small business brief, marketing, small business, economy
Government and Economy The Real U.S. Corporate Tax Bill A new study commissioned by BusinessWeek shows that Corporate America pays the IRS anywhere from zero to 400% of income. Where does your business fall on that line? BusinessWeek.com Banking Industry Bracing for Stress Test Results In a slow-motion move designed to blunt market reactions, federal regulators will soon tell the banks—privately—the results of their stress tests and to release the test methodology, which could point to the banks that may be in trouble and alarm depositors and investors. The results will be r...
By Charles M Cooper · April 24 2009 small business brief, marketing, small business, economy
Government and Economy Obama Meets with Credit Card Industry—Wants to End Deceptive Practices Executives from the nation's credit card issuers met with President Obama, who is pushing for consumer protections that go beyond proposals approved yesterday by a US House committee and rules issued last year by the Fed, to argue against new limits on fees and interest rates. Bloomberg.com BofA's Lewis: Feds Pushed Merrill Purchase According to New York's attorney general, federal officials pressured Bank of America Corp. CEO Ken Lewis with threats to his job security to complete the bank's purchase of Merrill Lynch. Breitbart.com
By Charles M Cooper · April 23 2009 small business brief, marketing, small business, economy
Tips from Wednesday, April 22, 2009 The Small Business tips today will be about print advertising. It’s still a valuable means to promote your business! Newspaper advertisements are a great way to target a local population. Write a letter to your newspaper editor. A personal story or recommendation is your best newspaper advertisement. Direct mail is still effective if you're clear, concise and offer a respectable incentive along with it. Try yellow pages and magazines for promotions planned well in advance. Daily Overview: Use the old, tried but true methods of print marketing in a way that addresses this instant-results society.
By Kim Fenolio · April 22 2009 small business tips, marketing, small business, Advertising
Government and Economy Freddie Mac CFO Dies—Police Investigating Probable Suicide Freddie Mac Acting Chief Financial Officer David Kellermann, 41, was found dead early today in the basement of his home in a Washington suburb, police said. Bloomberg.com Lenders Still Cool Toward Small Business According to NFIB survey data, in March, fewer small businesses reported that their borrowing needs had been met during the previous three months than at any point since well before the recession began. USNews.com Management and Financial Issues...
By Charles M Cooper · April 22 2009 small business brief, marketing, small business, economy
Government and Economy Stimulus Sought for Equity Financing With equity investments in new companies drying up, venture capitalists and angel investors are pushing the federal government for financial relief and to open up to them small business programs traditionally reserved for noninvestor-backed businesses. WSJ.com Internet Sales Tax Coming? House and Senate bills expected to surface in the next week could eliminate the "physical presence" requirement in the tax law that has, thus far, kept the various levels of government from levying sales taxes on the Web. BusinessWeek.c...
By Charles M Cooper · April 21 2009 small business brief, marketing, small business, economy
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