3:09 pm in Economic News, General News by Abigail Gray
Just when it looked like employers were getting less fearful about what President Obama might do next to worsen the business climate, the National Labor Relations Board (now with its first Democratic majority in a decade, thanks to Obama’s appointees) has announced that private employers will be required to display pro-unionizing posters in their businesses under a newly proposed federal rule. “The planned rule,” reported the Associated Press,
See the original post: Latest Genius Idea From Central Planning: Mandatory Anti-Entrepreneurial Posters
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1:19 am in General News by Aaron Smith
Fiscal Policy: Unimpressed by data showing that businesses, jobs and people flee high-tax states, the Land of Lincoln opts to squeeze the last penny out of taxpayers with a whopping 75% income-tax increase. Illinois is one of those states losing a congressional seat as a result of the 2010 census. Iowa, Louisiana, Massachusetts, Michigan, Missouri, New Jersey and Pennsylvania will also each lose one. New York and Ohio will each lose two.
Read the original post: Illinois Taxes: How Blue Can You Get?
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8:48 pm in Economic News, General News by Amy Brillhart
For those who savor perverse policy incentives, the Patient Protection and Affordable Care Act (PPACA) is a gift that keeps on giving. Today’s surprise is a counterintuitive tax that, under certain circumstances, is small for low- to middle-income families, bigger for high-income families, but biggest of all for those caught in the middle. This tax is especially bad news for small businesses and for people in high
See original here: New ‘Medicare’ Taxes To Hit Middle Class
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3:41 am in General News by acai696
Economy: Heading into the new year, there’s plenty of optimism about the stock market rising, corporate profits recovering and companies hiring. There’s just one problem on that last jobs item: Many will be overseas. On those rare occasions when it’s not demonizing businesses as bastions of corporate greed, the White House and all its supporting players spend their time pondering why U.S. businesses, with mountains of cash, won’t use at least
Read more here: Why Jobs Leave
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