Press Release

Poll: Small Business Owners Say Big Businesses, Millionaires Not Paying Fair Share of Taxes

90 percent of small business owners in nationwide poll say big corporations use loopholes to avoid taxes that small businesses have to pay; majority support increasing taxes on millionaires and letting high-end tax cuts expire

CONTACT: Bob Keener, bobkeener@businessforsharedprosperity.org, 617-610-6766

Business Leaders Agree With President: End Millionaire Tax Breaks and Stop Rewarding Companies That Move Jobs and Profits Abroad

For Immediate Release  January 25, 2012
CONTACT: Bob Keener, bobkeener@businessforsharedprosperity.org, 617-610-6766

Business owners and executives agree with President Obama that we should not “spend nearly $1 trillion more on what was supposed to be a temporary tax break for the wealthiest 2 percent.” Business leaders also agree that no company should be able to avoid paying its fair share of taxes by moving jobs and profits overseas.

Business Leaders Say Supercommittee Failure Better Than Permanent Bush Tax Cuts for Wealthy and Job-Killing Budget Cuts

Ending High-end Tax Cuts and Corporate Loopholes Essential for Economic Renewal and Job Creation 

CONTACT: Bob Keener, bobkeener@businessforsharedprosperity.org, 617-610-6766

Small Businesses Call For Buffett Rule For Corporations

New Report Shows GE, Verizon and 35 Other Big Businesses Paid No Income Tax in 2010 on Combined Profit of $50 Billion 

** Business owners available for comment in many states in addition to those quoted below ** 

CONTACT: Bob Keener, bobkeener@businessforsharedprosperity.org, 617-610-6766

Statement from Business for Shared Prosperity, the Main Street Alliance and the American Sustainable Business Council: 

Small Businesses to Supercomittee: Tax Reform Should Restore Lost Revenue, Not Reward Tax Dodgers

CONTACT: Bob Keener, bobkeener@businessforsharedprosperity.org, 617-610-6766

              Business networks champion tax reforms that raise revenues to invest in America’s future, counter push from corporate lobbyists for more tax breaks

 ** Small business owners available for comment **

Business People Agree with Warren Buffett: Raise Top Tax Rates to Lift Economy

FOR IMMEDIATE RELEASE: August 17, 2011
Contact: 
Bob Keener, (617) 610-6766bobkeener@businessforsharedprosperity.org 

Business people across the country are available for interview. Below are some examples:

Dal LaMagna, co-managing partner of IceStone in Brooklyn, NY, said:

Millionaires and Small Business: "Read Our Lips, Raise Our Taxes"

Institute for Public Accuracy, 980 National Press Building, Washington, D.C. 20045
Tuesday, August 16, 2011

Interviews Available

Contact: Bob Keener, (617) 610-6766bobkeener@businessforsharedprosperity.org

Business Groups Reiterate Support For Consumer Financial Protection Bureau As Congress Takes Aim

CONTACT: Business for Shared Prosperity – Lew Prince, w (314) 721-8115 x 12, news@businessforsharedprosperity.org
Main Street Alliance – Jason Collette, (206) 856-6401; American Sustainable Business Council – Aquene Freechild, (617) 378-2579

BUSINESS GROUPS REITERATE SUPPORT FOR CFPB AS HEARING TAKES AIM AT BUREAU
Consumer Financial Protection Bureau Targeted in Name of Small Business Despite Importance for Stabilizing Local Economies, Customer Base

As Debt Ceiling Deadline Approaches, Business Leaders Support Legislation to End Tax Haven Abuse and Recapture 1 Trillion in Revenue

Contact: David Lerner/Sahil Bhatia Riptide Communications, Inc. (212) 260-5000 or
Scott Klinger, Business for Shared Prosperity (443) 602-0136; ScottKlinger@businessforsharedprosperity.org  

Media Briefing

Tuesday, July 26, 2011

Plug The Trillion Dollar Hole in U.S. Treasury: Small Business Leaders Say Offshore Tax Havens Draining Revenues, Investment, Jobs

Contact: Bob Keener, 617-610-6766
bobkeener@businessforsharedprosperity.org

Washington DC, July 13, 2011 – Small Business leaders applaud new legislation to stop tax haven abuse by U.S. multinationals that will cost at least a trillion dollars in lost tax revenue over the next decade. “Small businesses are the lifeblood of local economies. We pay our fair share of taxes and generate most of the new jobs,” said Frank Knapp, President and CEO of The South Carolina Small Business Chamber of Commerce. “While our members are in South Carolina, small businesses across this country, from California to Washington DC, understand that while they are paying their taxes, many U.S.-based multinational corporations are not. That’s not fair and it makes us angry. Why should we be subsidizing U.S. multinationals that use offshore tax havens to avoid paying taxes?”

Business Leaders Join Sen. Levin to Support New Stop Tax Haven Abuse Act Targeting $100 billion in lost revenues yearly from offshore tax dodges

Bill Would Close Tax Loopholes, Level Playing Field for Business, and Keep More Profits, Jobs in U.S.

Business Leaders Say Corporate Tax Holiday No Win For America

Contact: Bob Keener, 617-610-6766, bobkeener@businessforsharedprosperity.org

Washington DC, June 14, 2011 – Congress should reject pleas by U.S. multinational corporations for another tax holiday to “repatriate” profits parked overseas, a coalition of business organizations said in a letter to Congress released today. “This proposed ‘repatriation’ would not be a win for America,” the letter states. It would reward companies for disguising U.S. profits as foreign profits to avoid taxes, cost the U.S. Treasury $80 billion according to the Joint Committee on Taxation, and increase pressure to cut government spending on services and infrastructure that really strengthen our economy.

Business Leaders Say 10th Anniversary of Bush Tax Cuts Nothing to Celebrate; New Report Says High-End Tax Giveaways Hurt Economy and Job Creation

Contact: Bob Keener, 617-610-6766, bobkeener@businessforsharedprosperity.org

Washington, DC, June 6, 2011 – In advance of the 10th anniversary of the Bush tax cuts on June 7, business leaders and a new report make a strong business case for restoring high-end tax rates to the pre-Bush, low unemployment era. Instead of high-end tax giveaways that undermine the economy, business owners say invest in real small business job creation and 21st century infrastructure.

Business Leaders Meet With White House Officials; Small Business Left Out of House Hearing on Tax Reform and Jobs

Contact: Bob Keener, 617-610-6766, bobkeener@businessforsharedprosperity.org

Washington, DC, June 2, 2011- The House Ways and Means Committee is holding a hearing on tax reform and jobs Thursday morning without small business, the engine of job creation. “It’s unfortunate that a hearing about job creation and tax reform doesn’t have room for the voice of small business,” said Frank Knapp, President and CEO of the South Carolina Small Business Chamber of Commerce. “We want reform that is fair to all businesses and provides adequate funding for the public services and infrastructure upon which all businesses depend.”

Mr. Knapp will submit written testimony on behalf of a network of business organizations who have signed a letter calling upon Congress to generate more revenue and create a level playing field by closing tax loopholes that favor U.S. multinational corporations and opposing short and permanent tax holidays on profits parked overseas.

More than 800 U.S. Business Organizations and Owners Endorse Ending Corporate Tax Haven Abuse

Contact: Bob Keener, 617-610-6766 ,bobkeener@businessforsharedprosperity.org

Washington, DC. April 13, 2011 -- Amid fierce federal budget debates, and press reports about large companies such as General Electric paying no US income taxes, more than 800 business organizations and business people are publicly calling on Congress and the President to stop corporate tax haven abuse. They say that tax dodging deprives our nation of revenue needed for a strong economy.

Maryland Business Owners Endorse Minimum Wage Increase: Strong Wage Floor Vital for Maryland’s Economy, Small Biz Owners Say

Business for a Fair Minimum Wage
For Immediate Release:  March 29, 2011
Contact: Bob Keener, 617-610-6766,
bobkeener@businessforsharedprosperity.org
or Tim Bradley, BerlinRosen Public Affairs, 314-440-9936

MARYLAND – Today nearly 60 Maryland business organizations, owners and executives endorsed legislation to raise the state’s inadequate minimum wage to $9.75 per hour by 2013. Representing small businesses in the restaurant industry, retail, manufacturing, construction, auto repair, cleantech, healthcare, finance and more, the coalition stressed that a strong minimum wage should be a state priority because it will boost the consumer demand vital for job creation and promote a strong economy for Maryland’s future.

Business and Investors Applaud House Majority In Rejecting Irresponsible Tax Deal

Contact: Bob Keener, 617-610-6766 or bobkeener@businessforsharedprosperity.org

Washington, D.C., Dec. 9, 2010 - Business and investor organizations applauded the House Democratic Caucus vote today to reject the tax deal negotiated by the White House and called on Congress to push for a better deal that doesn’t give irresponsible tax cuts to the wealthy. In doing so, Patriotic Millionaires for Fiscal Strength, Business for Shared Prosperity and Wealth for the Common Good contrast with U.S. Chamber of Commerce leaders and conservative lobby groups that have endorsed the deal.