Our legal system is increasingly being manipulated to allow entities to threaten and bring frivolous lawsuits against legitimate businesses throughout Texas and the United States. We are seeing a huge increase in such suits in which a dubious claim is made that a business is using wireless technology in violation of a patent that had been purchased by a third party.
Economy & Budget
Friday the 13th has additional significance this year. In addition to being an annual day of caution for superstitious people, it is a deadline date and day of opportunity for the recently appointed joint Senate and House Budget Conference Committee to report its recommendations for the fiscal 2014 budget. Hopefully this committee will not be a super failure like the joint "Super Committee" that was formed after the debt ceiling deal in August of 2011.
On average, more than 40 percent of what consumers pay at retail for beer goes to taxes of some kind.
Those with the fortitude to peruse this hefty volume will notice that among the industrialized nations in the PwC report, the United States has the highest corporate tax rate on earth.
The recent government shutdown showed the enormity of the economic repercussions that can result– especially for small businesses—when Congress puts politics before its responsibility to govern.
Last week’s Senate action to eliminate filibusters for most presidential nominees, which effectively lowers the number of votes required for the confirmation of most presidential appointees, clears the way for Rep. Mel Watt (D-N.C.) to be approved as the director of the Federal Housing Finance Agency. It also opens the door for the immediate reform of the U.S. housing finance system.
It is no secret that the Social Security Disability Insurance (SSDI) program is broken. The real question is how broken is it?
Despite what many in the media have said, tax reform is not dead; it is still very much on Congress’ agenda. The time frame in which it can be accomplished remains uncertain; however, there is one tax change they should agree on and move forward with immediately.
Washington is increasingly viewed as a place where good ideas, including investing in infrastructure, go to die. Our hope is that our federal elected officials will take note of the good work that can occur when local governments partner with the private sector.
You can't begrudge American entrepreneurs for tuning out Washington, D.C. Their elected leaders are not addressing the real, daily concerns affecting their businesses.