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    Most Small Businesses Burdened by Costly Tax Preparation Process Support Tax Reform

    Small businesses are increasingly burdened with tax preparation costs, with a majority spending over a week per year on federal tax preparation and thousands of dollars on external accounting firms, according to the National Small Business Association’s (NSBA) 2014 Taxation Survey released last week. According to the report, “the current … More

    SEC Crowdfunding Rules Need Work

    “Going public” now costs a company about $2.5 million. This money is spent on lawyers, accountants, and other expenses to meet the registration requirements of the Securities Act. Moreover, it costs more than $1 million annually to remain public. Any company issuing stock is subject to these burdensome requirements unless … More

    Let Them Eat Cupcakes: 11-Year-Old Entrepreneur’s Dreams Crushed by Overregulation

    Like aspiring American entrepreneurs throughout our country’s history, 11-year-old Chloe Stirling wanted to help herself by helping others. Determined to save money for a car when she comes of age, Chloe baked, sold, and donated cupcakes for two years. She ran her business, called, “Hey, Cupcake!” out of her parents’ … More

    JOBS Act: Crowdfunding Moves Forward

    The Jumpstart Our Business Startups (JOBS) Act, passed in April 2012 with huge bipartisan majorities, was designed to substantially reduce the regulatory burden on entrepreneurs seeking to raise capital to start and grow their businesses. But now some in Washington are trying to reverse its momentum. Title III of the … More

    Why Japan Should Reengineer Innovation

    The Japanese are good at innovation. It was their reengineering techniques that propelled them to a top world competitor in the 1980s. But since stagnation began 20 years ago, Japan’s skill of innovating is still only good. It needs to be great. Most economies can be categorized by four characteristics: … More

    Occupy Wall Street Occupies the White House

    The Occupy Wall Street Movement may be dead as a doornail, but its spirit is alive and well in the White House. Only a few minutes into his umpteenth major pivot to the economy, the President went after the target of the occupiers’ once seething animosity: the reviled 1 percent. … More

    Hispanics Are Conservative, Too

    According to a recent McLaughlin poll, over 50 percent of Hispanics would vote for a conservative candidate in an election, and almost one-third identified themselves as conservatives. While this may be a surprise to some, the truth is that conservative values are shared by many in the Hispanic community. As … More

    Small Business Administration: No Room for Sequestration Cuts?

    The White House warns that sequestration “would reduce loan guarantees to small businesses by up to $902 million”—loans that it claims are “investments that are helping grow our economy.” Setting this flawed Keynesian line of thinking aside, it’s worth investigating whether or not there is room to reduce spending at … More

    Conservatives Must Woo Millennials

    A new brand of politically active millennials is emerging in Missoula, Montana—and the ideology that they espouse may be a troubling sign for the future of American politics. A recent New York Times article introduces us to “this different-minded generation of young voters” from the “funky” town of Missoula. This … More

    Author Ed Conard Talks Bain Capital, Economics and Obama's Record

    Edward Conard spent 14 years as a partner at Bain Capital, the most scrutinized company in America. But these days, he’s in the news for another reason. As the author of “Unintended Consequences,” Conard has challenged the conventional wisdom about the U.S. economy and outlined ideas that have resulted in … More