New Rule Could Cost Small Businesses $73.1 Billion over 10 Years

Small Business Owner

A legal challenge to new reporting requirements for small business owners, potentially costing them $73.1 billion over a decade, has begun with a request for preliminary injunction in a federal courtroom in Texas.

The National Federation of Independent Business, in a hearing, is seeking to stop the reporting requirements in the Corporate Transparency Act from implementation on Jan. 1.

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NFIB: Minnesota’s 9.8 Percent Corporate Income Tax Is Highest in Nation

Office Meeting

In 2024, Minnesota has the highest corporate tax rate in the United States at 9.8%.

The National Federation of Independent Business called on state lawmakers to create a tax system that reduces the burden on small business owners.

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Inflation Is Number One Concern for Struggling Small Businesses

Newly released polling data shows inflation is a top concern for small businesses as prices continue to rise.

The National Federation of Independent Business released the survey, which shows that 30% of owners named inflation as the single-most important problem in running their business.

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Supreme Court’s Conservative Justices Seem Skeptical of Biden Admin’s Workplace COVID Vaccine Rules

The Supreme Court on Friday hearing oral arguments on two major Biden administration efforts to increase the country’s vaccination rate against COVID-19 — starting with the mandate requiring large-scale employers to require workers to be vaccinated or tested.

In the first case, the National Federation of Independent Business, et al., Applicants v. Department of Labor, Occupational Safety and Health Administration, et al.

OSHA is more specifically requiring businesses with 100 or more workers either require them to be vaccinated or et tested weekly and wear masks while working, with exceptions for those who work outdoors.

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Biden Loses Legal Battle, COVID Confidence as Vaccine Mandate Stalls

President Joe Biden is struggling to win in court as well as the court of public opinion when it comes to his response to COVID-19.

Biden’s approval rating on his handling of the pandemic has steadily dropped as he has issued more vaccine mandates, with one of those mandates seemingly dead in the water.

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Trucking and Retail Associations Sue Biden Administration over Vaccine Mandates

Multiple trucking and retail groups filed a lawsuit on Thursday against the Biden Administration, seeking to block implementation of the federal vaccine mandate, as reported by Breitbart.

The lawsuit, filed with the Fifth Circuit Court of Appeals, is led by multiple organizations, including “the National Retail Federation, the National Federation of Independent Business, and the American Trucking Associations.” The suit specifically targets the Occupational Safety and Health Administration (OSHA), the primary federal agency that has been tasked by Biden to carry out the many sweeping vaccine mandates.

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Blackburn, Bredesen Reveal Stark Differences on Judges, Obamacare at NFIB Forum

Phil Bredesen, Marsha Blackburn

NASHVILLE, Tennessee–Tennessee U.S. Senate Republican candidate Marsha Blackburn (R-TN-07) said, if elected, she’ll vote to appoint federal judges based on whether they abide by what’s in the U.S. Constitution. Her opponent, Democrat Phil Bredesen, said voting to appoint a judge really boils down to his or her qualifications and temperament.…

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Tennessee Adds 45,000 Jobs Over Past Year

Handshake deal

Tennessee’s unemployment rates remain low and the state added 45,000 jobs the past year, the National Federation of Independent Business said. According to the March 2018 numbers from the Tennessee Department of Labor and Workforce Development, 82 of the state’s 95 counties saw lower unemployment rates that month than they…

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