NEW Poll: Nearly Half of Black-Owned Small Businesses Closed Permanently Or Will Soon Shutter Due to Insufficient Federal COVID Relief
October 16th, 2020
Survey from Color Of Change and Main Street Alliance of 600 small business owners reveals disproportionate pandemic impact on Black businesses, flawed Paycheck Protection Program and devastating outcomes of continued government inaction
NATIONWIDE — As critical federal coronavirus relief legislation remains stalled in negotiations between lawmakers and the White House, a new poll from Color Of Change and Main Street Alliance out today reveals Black-owned small businesses are being decimated by government inaction and racial inequities. Barring swift and decisive action by Congress to provide direct grants to Black small business owners, the poll indicates Black small businesses are on the brink of extinction, with 46% either already forced to close or planning to close within the next six months.
New Poll: Overwhelming Majority of Small Business Owners Support Corporate Transparency to Protect Against Fraud
October 13th, 2020
Washington, DC — In a new nationwide poll, Main Street Alliance found small business owners overwhelmingly (81%) support legislation to require businesses to list the true identity of their owners when forming, in order to address issues of fraud and abuse. Even when presented with arguments for and against, owners overwhelmingly (72% to 17%) side with an argument that owner transparency would level the playing field and protect small businesses over an argument that it is an unnecessary burden.
The survey, which included businesses with 50 employees or less, was conducted by Lake Research Partners between August 31 – September 16, 2020 and has a margin of error of +/- 4.0 percent.
RELEASE: Small Biz Support Multinational Tax Transparency in New Poll
Washington, DC — Small business owners in the United States strongly support mandating increased tax disclosures for multinational corporations, according to a new, nationwide poll released Tuesday by Main Street Alliance. The scientific poll of 600 small business owners across the United States found that 3 out of 4 small business owners support legislation that would require multinational corporations to publicly report key financial data on a country-by-country basis. The survey was conducted by Lake Research Partners from August 31 – September 16, 2020 and has a margin of error of +/- 4 percent.