Main Street Alliance Releases Tax Fairness Recommendations that would Support Small Businesses as Committees Debate how to Raise Revenue for Build Back Better
Main Street Alliance today released recommendations for tax reform that would support small businesses and their communities. These recommendations come as the House Ways and Means and Senate Finance Committees are building out their tax plans as part of the investments needed in the Build Back Better package.
The draft plan proposed by the House Ways and Means Committee this week is a major step forward in requiring large corporations to pay their fair share, and a critical means of funding the job-creating investments of the Build Back Better plan. Many of the recommendations are included in this plan. However, there is much farther to go to achieve a truly fair tax system for small businesses than large corporations.
Leading Small Business Organizations Join Rep. James E. Clyburn in a Call to Protect Voting Rights
September 9, 2021
Small business owners and community organizations participated in a special event with House Majority Whip James E. Clyburn on September 8, 2021, to push back against the laws suppressing Americans' voting rights across the country.
Representatives from Main Street Alliance, Small Business Majority, American Sustainable Business Council, and leading experts in voting rights laws and the legislative process engaged in a discussion on why voting rights are essential to democracy and entrepreneurship.
Fair Lending Advocates Applaud CFPB’s Plan To Shine A Light On Small Business Lending Through Section 1071 Loan Data Collection
September 1, 2021
“We are encouraged by the release of the proposed rule from CFPB on long-overdue and much-needed implementation of Section 1071. Our small business members care about equitable access to credit, especially for women- and BIPOC-owned businesses, who have historically been left out of credit markets. The current data is inadequate to fully understand, let alone remedy, the extent to which discriminatory lending creates credit deserts for small businesses and businesses owned by women and people of color. Collecting this data is key to effectively implementing this rule and ensuring a thriving small business economy,” said Didier Trinh, Director of Policy and Political Impact for Main Street Alliance.
Small Biz Applaud Passage of John Lewis Voting Rights Advancement Act
August 24, 2021
Along with the John Lewis VRAA, the democracy reforms in the For the People Act (H.R. 1 / S. 1) are necessary to make real progress on issues that small businesses care about, from health care to racial justice. Small donor matching, modeled after successful systems in cities and states across the country, will reduce the influence of special interests and empower regular Americans to have a meaningful voice in their democracy. What’s more, small donor financing is fully paid for by penalties levied on corporate lawbreakers and wealthy tax cheats - the same powerful interests who have used their lobbying to get around paying their fair share for decades.
Budget Resolution passage brings us one step closer to an equitable recovery for America's Main Streets
August 24, 2021
“Small businesses applaud the historic investment in our care economy outlined in the budget resolution and thank the House members who voted to move both pieces of critical legislation forward. It is time to invest in our overall care infrastructure. Small businesses are demanding these programs, like paid leave and child care, that will help ease the burden of high costs on working families and support entrepreneurs. It's past time to level this playing field. An investment in our overall care economy is an investment in small businesses and our local community.