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Economy and Tax
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The Economy and Taxes

 

Government and private sector efforts should focus on increasing investments that drive economic growth. Policymakers are responsible for ensuring the business environment is conducive to growth and that the federal government operates effectively.

 

Investment in Entrepreneurship Pays Off

More than 36% of American businesses are women-owned, a segment growing at four times the rate of men-owned businesses. Government investment in lending and business assistance programs and centers play a key role in the success of women-owned businesses.

 

Provide Women-Owned Businesses with Certainty in Economic Policy and Regulations

Failure to fund the federal government through the Congressional appropriations process on a yearly basis, plays havoc with businesses, especially federal contractors.  Funding through short term continuing resolutions with a threat of a government shutdown is costly to businesses who  consume government services, such as small business loans and those who are directly in the government’s supply chain.  Women entrepreneurs are often left to guess at government outcomes affecting their businesses.

 

On average, small businesses spend more than $83,000 staying in compliance with federal regulations in their first year of operation. This problem is exacerbated by the government’s inability to provide long-term policies on which businesses can rely.

 

Join WIPP's Economy and Tax Committee to get access to exclusive policy briefings and teleconferences with industry experts and policy makers on budget, deficit, and tax related issues. Committee members receive special communications on policy, regulations, and research on this subject matter. 

 

Visit WIPP's Economic Blueprint to learn more about this policy priority and other WIPP legislative efforts. 

 

 

 

Resources

 

 

 

 

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