Tag Archives: Entrepreneurial Capitalism

IRS Proposes Big Tax Break for Sole Proprietor Entrepreneurs

IRS issues proposed regulations on new 20 percent deduction for passthrough businesses The Internal Revenue Service issued proposed regulations for a new provision allowing many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income. The new deduction — referred to as the Section 199A deduction or the deduction for qualified business

Read more

Tax Foundation Report – The Benefits of Cutting the Corporate Income Tax Rate

Before the Tax Cuts and Jobs Act (TCJA), the U.S. had one of the highest statutory corporate income tax rates in the developed world at 35 percent. Now, the federal corporate income tax rate sits at a much more competitive 21 percent, which brings the combined average state and federal tax rate (25.7 percent) closer to the average for developed

Read more

WalletHub – Best and Worst Small Cities For Entrepreneurs to Launch a New Business (2018)

Here is a great study of entrepreneurial capitalism across the United States Personal finance website WalletHub analyzed data of more than 1,200 small-sized cities using 18 metrics, from investor access to labor costs, to determine this year’s best and worst small cities to grow a business. Here are the top 20 small cities in which to start a business: 1.

Read more

NFIB Report – US Small Business Ready To Grow in 2018

The historic small business tax cuts, including a new 20 percent deduction on earnings and immediate expensing of business investments, are giving small business owners long overdue tax relief. Businesses around the country are using their tax cut savings to raise wages, hire new employees, and expand. Six of the 10 components that make up the small-business optimism index increased

Read more

MoFo Tax Alert – President Trump Signs Tax Reform Bill

On December 20, 2017, both the House and the Senate passed H.R. 1 (the “Bill”), which President Trump signed December 22, 2017. The Bill dramatically alters the U.S. approach to domestic and international taxation. It represents the results of a conference agreement between the House and Senate reconciling the version passed by the House on November 16, 2017, and the

Read more

Job Creators Network – Tax Reform Bill Helps Small Businesses

American small businesses are under attack by over-taxation, over-regulation, and lack of access to credit. According to a recent Job Creators Network nationwide poll of small business owners, the vast majority of respondents said the current tax and regulatory climates are preventing them from expanding and creating jobs To address these issues facing small businesses and finally bring them and

Read more

Entrepreneurial Capitalism Helps Lift People From Extreme Poverty – FEE.org

The World’s Poorest People Are Getting Richer Faster than Anyone Else The new age of globalization, which started around 1980, saw the developing world enter the global economy and resulted in the largest escape from poverty ever recorded. The speed of poverty alleviation in the last 25 years has been historically unprecedented. Not only is the proportion of people in

Read more

NVCA Policy Paper – Outlines Pro-Entrepreneurship Tax Agenda

Justin Field, NVCA’s vice president of government affairs, explains NVCA’s four tax reform proposals, which are aimed at encouraging the launch of new startups and preserving US economic competitiveness. “We have a long way to go, but with strong coordination among our members and allies, we have a real chance to make new company formation the priority it should be

Read more

Reigniting America’s Economic Engine – NASDAQ Report

The U.S. equities markets are the world’s greatest driver of innovation, economic growth, and wealth creation for investors of all sizes. However, according to a new report from Nasdaq, The Promise of Market Reform: Reigniting America’s Economic Engine, the continued strength of U.S. financial markets is far from certain. “While our markets and our economy are fundamentally healthier than they

Read more

How Entrepreneurs and Low Taxes Create Economic Growth

Entrepreneurs + Risk Capital + Low Taxes = Economic Growth For nearly every entrepreneur, access to private equity capital, or risk capital, is a key ingredient to successful business growth. For a business to grow it needs to be nurtured in an environment that supports entrepreneurial capitalism. “Capital is like oil; it’s stored energy. It’s the fruits of someone else’s

Read more
« Older Entries