We know that government doesn't create jobs -- small business owners do. But our role is to put the wind at their backs -- to provide them with the foundation, tools and opportunities to start and grow their businesses.
After all the Congressional testimony about small business, after all the talking heads retire to their New York co-ops, this remains: 99 percent of the small contractors in this country will never get -- or even bid on -- any part of the public work the most recent jobs bill creates.
Get off of the fence and start (or invest in) a business, because if someone invests in a qualified small business between now and the end of this year and holds that stock for 5 years and sells it, any gain is TAX FREE.
Small businesses, entrepreneurs and innovators are bearing an unfair burden as the government saddles them with mounting regulations and their concomitant compliance costs. Don't believe me? My source is the Obama administration.
Manufacturers with revenues under $50 million should pay close attention to the Small Business Jobs Act, particularly the elimination of the Alternative Minimum Tax barrier regarding business tax credits.