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Dan Danner of the National Federation of Independent Businesses breaks down efforts to reduce the costs associated with government regulations.
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-- European leaders try to figure out ways to save there economy when -- care in the US says.
It is the answer for restoring the American economy and it's real simple stop over regulating small businesses.
The National Federation of Independent Business is embarking on a campaign to get the government off the backs of the country's major job creator.
Dan Danner B and F ideas with us now -- welcome to you.
It's shocking statistic I found this outrageous.
Eats cost the average business 101000 dollars per -- the inline with these government rules mean -- outrageous.
No it is in and then SBA says that the cost of regulations are.
On the average 36%.
More.
For small businesses and our.
Then they are for large corporation so.
It's really punishing.
To small businesses when you keep adding new regulations.
And today there are 4200.
New regulations in the Q here in Washington.
So what would you say the most egregious regulations impacting the growth and job creation and small business.
But two areas in particular both the IRS and the EPA are.
Much more onerous -- -- small businesses than than the rest but it's really across the board.
OSHA wage -- -- everywhere you look it seems like the government wants to pile on more.
And make it more difficult for small businesses to.
To do what they do best and that's create jobs right SK so how exactly and you reduce his overwhelming number of regulations and cost small businesses associated with the regulations.
Well hopefully we can get the government to stop the at the objective of our campaign though is to.
Shine a light on real businesses real people.
And have them tell their stories about.
What it really means to them in their business and what it means to their ability to grow and create jobs how without these.
Regulations if we were in this kind of environment do you think -- -- -- would be about 9%.
Well that's pretty hard to guess I think.
What it would be for small business is some of the uncertainty.
That's keeping them on the sidelines we go way.
They don't know what the government's gonna do them next.
And it really really -- to them and makes them very hesitant to invest and take that risk and and grow the business.
Uncertainty has been the word plaguing this environment really since shortly before that 2008 financial crisis and recession that followed.
But it seems like it's not we're not getting any more clarity we it would just came off a downgrade we've -- Europe and focus now so.
Would you say that right now even more uncertainty there there's more uncertainty if you will than there there was -- here is three or four years ago is it worse than ever.
Absolutely in and it's not just regulations it's.
What is the cost going to be of their health -- help their cost they're still going up every day and they don't know yet what the government is gonna tell them.
They have to -- to provide for their employees and they don't know if they're gonna be able to afford it they don't know what -- taxes are going to be.
Particularly if you're a pass through company.
He Europe LLC are Seacor the president saying -- rich and we need to increase your taxes so there's a lot of things adding to their uncertainty.
And and they're again they're concerned about.
If they're gonna invest in their business going forward.
Any mention health care how much of a victory is it for small business that He was it a US appeals court.
-- that the individual mandate part of obamacare is unconstitutional on this issue will very likely go to the Supreme Court.
Well we think it's a big victory and we were the one.
Business group along with.
26 attorneys general that brought that sit in the first place.
We think it's a victory for small business.
We think it's a victory for individual freedoms and we think it says the constitution still matters.
So we're very hopeful and we think what's best now is that needs to hurry up and get to the Supreme Court.
Now the president has you know has been doing this midwestern bus -- if He says he's going to your kind of smiling because you know I'm going with this question he's gaining favor of extending the payroll tax cut.
Did any optimism that this jobs package is said he's gonna present to congress.
In -- -- will be beneficial to small business particular.
What well certainly we we don't yet and that's because -- been many promises before this.
And frankly not much has happened it until when the president says He wants to create jobs until He gets the agencies are slow down a little bit.
Who are putting a heavier and heavier burden on small businesses every day.
In Chile decides that he's gonna take some of them.
Taxes off their back then we don't see any help in creating new jobs out of what he's talking about.
Dan thanks so much for your time your insights and thank you.
