The effects of the 35-day shutdown furloughed government employees, postponed many immigration cases and hindered the daily life of millions of Americans. The Congressional Budget Office (CBO) estimated the global cost to be 11 billion dollars and GDP to fall 0.2 percent this quarter and 0.1 percent lower over the year. Yet, the case of … Continue reading
Tag Archives: small business
Knock Knock. Who’s There? – Credit Unions.
Since the financial crisis on Wall Street, consumers have been finding their way to the local doorsteps of credit unions instead of corporate banks – and they are realizing that the doors are always open. While banks continue to feed from the pockets of their customers with mounting checking fees, debit fees, hidden fees, and … Continue reading
The Dark Cloud Over the Medical Device Tax
The medical device industry currently consists of 8,000+ manufacturers and employs over 400,000 Americans. Over the last seven months, the industry has been subjected to a 2.3% excise tax on all medical device sales – not only profits. The tax has been a primary funding mechanism for the health care overhaul so far. The medical device industry … Continue reading
Salumi Sorrow: How Regulation Killed a Small Business
Il Mondo Vecchio is Italian for “The Old World.”For Mark DeNittis, the owner and purveyor of Il Mondo Vecchio Salumeria in Denver, Colorado, “The Old World” means making cured meats and sausages the right way – the way his Italian uncles made sausage and their uncles before them. DeNittis’ salumi is an anachronism – a … Continue reading
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