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Log In / Register | Oct 24, 2017
Political news that affects small business and franchise owners

UPDATED: Government Overreach Continues Even after You Die

As posted previously (see below), the CFA and IFA have taken a postion against the elimination of traditional and legitimate valuation discounts that allow families to pass their businesses on to their children. This allows the industry to help families guard against the Death Tax wiping out the American Dream that franchising has provided to countless Americans.

Documentary on Government Bailout of Auto Industry Set for Release Next Week

 

Eight years ago the crumbling American automobile industry became a major recipient of the bailout initiated by the George W. Bush administration. The two co-directors of the documentary Live Another Day, set for release on Friday, September 16, say that the full story of that event and its effect on the auto industry has yet to be made public.

Government Overreach Continues Even after You Die

The U.S. Internal Revenue Service has issued long feared proposed regulations (REG163113-02) that intend to take more of the estates of small business owners, preventing family businesses from being passed on to their children.

California Franchise Bills Draw Mixed Opinions

SACRAMENTO - Two franchise bills, Assembly Bills 2637 and 1782, seem to be moving through the California legislature with little fanfare and opposition.

IFA CEO Cresanti Seeks to Build Bridges with Franchisee Associations

IFA Legal Symposium
Lawyers gather for the IFA's 2016 Legal Symposium in D.C. (photo/sniegowski)

WASHINGTON – Robert Cresanti, CEO and president of the 56-year-old International Franchise Association, invites franchisees and their independent associations to join with the IFA in battling what he deems to be government overregulation that detrimentally impacts the franchise business model.

Injunction of DOL Persuader Rule

On June 27, the U.S. District Court for the Northern District of Texas enjoined the Department of Labor’s “persuader” rule. The nationwide injunction prevents DOL "on a national basis from implementing any and all aspects of [DOL's persuader rule] pending a final resolution of the merits of this case or until a further order of this Court, the United States Court of Appeals for the Fifth Circuit or the United States Supreme Court.”

Electoral Engagement Metrics Signal Clinton Presidential Win

A new electoral engagement poll conducted by New York-based brand engagement and customer loyalty research consultancy Brand Keys places Hillary Clinton significantly ahead of Democratic rival Bernie Sanders and presumptive Republican presidential nominee Donald Trump.

Obama Releases Final Overtime Rule, Ignoring Strong Opposition

Obama signs 2014 memo directing DoL to update Overtime Rule. (WH photo)

WASHINGTON, D.C. – President Barack Obama announced the final version of the Administration's new overtime regulations, despite tough opposition from business organizations and conservative groups who argued that many sectors with low to moderately paid managers in retail, restaurants, hotels and healthcare will be unduly affected.

North Carolina HB2 Bathroom Brawl Goes Beyond Transgender Issue

CHARLOTTE, North Carolina – North Carolina Gov. Pat McCrory last month signed into law House Bill 2, which requires individuals to use the public bathrooms, locker rooms and showers that fit the gender recorded on their birth certificates. While this action has caused outrage across the country from celebrities, corporate giants and government officials, declaring the bill will discriminate against the LGBT community, it is important to look at the actual bill.