Another Tax on Small Business is coming down the pike per U.S. Chamber of Commerce

As a small businessman, we are concerned about the economic impact this will have for our business, our customers and clients. The following information was passed on recently from the U.S. Chamber of Commerce. We are members of the local Chamber of Commerce in Cedar Rapids.

Repeal
Withholding Now is a project of the U.S. Chamber of Commerce in
partnership with the Government Withholding Relief Coalition,
as part of our collective efforts to repeal the 3% Withholding Tax -- another
roadblock for small businesses when they can least afford it.

The 3%
Withholding Tax will mandate that federal, state, and local governments withhold
3% from payments for goods and services, not only causing an unprecedented
paperwork burden for the government and companies who provide goods or services
to them, but forcing firms to increase costs to offset the impact of delayed
payments and disrupting business's cash flows. Through our site, you can take
action by encouraging Congress to repeal this burdensome withholding tax and
job-killing mandate, and instead focus on measures that will create jobs.

The negative impact on our life, liberty and the pursuit of happiness is very real in today's economic times.

Robin Tucker