Top Problem Cited by Small Business Owners: Excessive Government Regulations
- “Small-business owners in the United States are most likely to say complying with government regulations (22%) is the most important problem facing them today…” (Gallup, 10/24/11)
- “More small-business owners view the costs of complying with government regulations as a bigger problem than any other issue at 22 percent.” (Politico, 10/25/11)
- “Gallup released a survey of small business-owners on the problems they face and they blame government regulation above all else.” (Business Insider, 10/25/11)
- “These are worrying times for small-business owners, with about a third saying they are concerned about going out of business ... The difficult environment is exacerbated by a tangle of government regulations, said 22% of respondents.” (Los Angeles Times, 10/25/11)
The House will take action on more bipartisan legislation this week to eliminate another government obstacle threatening small businesses. The proposal to repeal the IRS three percent withholding tax is backed by a broad-based coalition of job creators and small business owners. It is included in the jobs plans by both President Obama and Republicans, and is paid for using the president’s deficit plan. Here’s Speaker Boehner talking about it earlier today:
Republicans have already voted to stop several job-crushing regulations including a national energy tax, regulations on factory boilers and electrical utilities that would destroy jobs and drive up energy prices, the small business paperwork mandate, and many more. The House has also passed a jobs budget that would stop Washington from spending money it doesn’t have. President Obama says “we can’t wait” to take action on jobs – but the only ones we’re “waiting” on are Senate Democrats.