"I formed a business with two partners a couple of years ago. We set up a corporation, and divided the stock three ways. Me and my brother each had 40 percent of the company, and a good friend of ours had the remaining 20 percent.
Looks like the Republicans want the fox watching the henhouse. Ron Paul, one of Congress’ sharpest critics of the Federal Reserve, has been chosen to lead the House subcommittee that monitors the Fed’s activities, and he promises to push again for a full audit of the nation’s central bank.
Americans historically have always worked to make sure their children were better off than they were, but the number who believe today's youth will be better off than their parents has fallen to its lowest level ever.
Though Federal Reserve Chairman Ben Bernanke has announced plans to commit another $600 billion to the banking system in an effort to jumpstart the economy, most Americans still aren’t confident the Fed can control inflation and keep interest rates down.
With continuing problems in the economy and the national unemployment rate up to 9.8%, Americans nationwide are even less confident in President Obama’s economic advisers than they were three months ago.
Although the United States has officially been out of an economic recession for over a year, Americans are even more pessimistic about how long it will take the housing and stock markets to recover.
Americans remain pessimistic about the chances for economic recovery in the short-term and continue to pin their hopes on a long-term turnaround.
"I have been working for a company for several years now, and it's not working out. I am being given unreasonable deadlines, my superiors are breathing down my neck for results and they are treating me like dirt, but they also are not giving me the resources I need to get the job done despite numerous requests on my part.
From 2005 to early 2009, entrepreneurs were more confident about the economy than government employees, private sector employees, retirees and other Americans. However, since March of last year, government workers have been the most confident (or, perhaps, the least pessimistic).
One of the constants in Rasmussen Reports Consumer Index tracking of economic confidence is that women are more skeptical about the economy than men. Some might say that women are more pessimistic while others might say more realistic; the gap is a regular feature of consumer confidence data.
"My wife and I started a business a couple of years ago. We formed a limited liability company (LLC) to run the business, and split the ownership (and the work) 50-50.
A lot of people are confused right now about Congress' plans to raise taxes (more precisely, eliminate the Bush-era tax cuts) for people with incomes of $250,000 per year or more.
"I am starting a new Internet business in my spare time, and have considered forming a limited liability company (LLC) for this business. I also owe a ton of money to some people, and there's a good chance I may have to file personal bankruptcy in the next year to two years. I have heard that if an LLC has only one member, it doesn't really protect you because your 100 percent ownership interest in the LLC becomes just another asset your creditors can attack.
When it comes to purchasing products, Americans want their goods home-grown.
A plurality of voters continues to believe that the country’s economy will benefit from free trade, but they also think it will stunt job growth.
"My wife and I are looking to buy a business together. We heard about a great local business that's for sale, but when we inquired with the business broker handling the sale, we learned that it was already under contract to be sold. However, the broker told us the buyer was getting 'cold feet' and probably wouldn't want to go through with the sale. Since the buyer was getting a terrific price for this business, what this broker suggested is that we contact the buyer and offer to buy the limited liability company (LLC) he formed to acquire this business. That way, we could become the buyer under the contract of sale and close on this business without the seller changing the deal. The buyer would stay on board as the 'President' of the LLC and sign all of the documents at closing as if he were still the party in charge, so the seller wouldn't suspect anything.
Here are some more tax breaks America's small businesses really need.
When faced with a budget crisis, most Americans think "it's always better to cut taxes than to increase government spending because taxpayers, not bureaucrats, are the best judges of how to spend their money."
By the time you read this, the election of 2010 will be over, and we
will have some idea of what Congress will look like for the next two years.
Voters overwhelmingly prefer a free market economy to an economy managed by the government and think government economic control helps big businesses at the expense of small ones.
