Connect with us

Business

Loans, Taxes, Regulations on Small Business Election Agenda

Published

on

This photo combination shows, from left, Democratic presidential candidate Hillary Rodham Clinton, left, Republican presidential candidate, U.S. Sen. Ted Cruz, of Texas, and Republican presidential candidate Rand Paul, of Kentucky. Small businesses aren’t in the dire straits they were four years ago, but presidential candidates aren’t letting go of an issue they think will get them votes. (AP Photo/Charlie Neibergall/Nati Harnik/Carloyn Kaster)

This photo combination shows, from left, Democratic presidential candidate Hillary Rodham Clinton, left, Republican presidential candidate, U.S. Sen. Ted Cruz, of Texas, and Republican presidential candidate Rand Paul, of Kentucky. Small businesses aren’t in the dire straits they were four years ago, but presidential candidates aren’t letting go of an issue they think will get them votes. (AP Photo/Charlie Neibergall/Nati Harnik/Carloyn Kaster)

The Associated Press

There are no “one size fits all” issues for small business in the 2016 presidential campaign. While candidates try to appeal to all small businesses, many owners want very specific things. A sample of what’s on the agenda of some individual owners, and two small business advocacy groups:

HELP SMALL BANKS COMPETE

Community banks whose customers include small businesses are at a disadvantage because of regulations under the Dodd-Frank Act implemented following the 2008 banking crisis, says Jim Angleton, owner of Aegis FinServ, a Miami-based financial services company. While the law is needed to prevent a recurrence of the practices that led to bank failures of all sizes, it places a disproportionate financial burden on smaller banks, Angleton says.

“They can’t effectively service the business community,” he says.

The number of small banks in the U.S. dropped 14 percent after Dodd-Frank was enacted in 2010, according to researchers at George Mason University.

REACH THOSE CONTRACTING GOALS

The government needs to work harder to reach its goals for giving agency contracts to small businesses, including those owned by women and that are located in economically disadvantaged areas, says Crystal Kendrick, whose Cincinnati-based marketing company is a federal contractor.

“What I want to hear is (candidates) are going to hold those agencies accountable for those goals,” says Kendrick, owner of The Voice of Your Customer.

The government fell short of its 5 percent goal for contracts for women-owned companies in the 2013 fiscal year. It also fell short of the 3 percent goal for companies in disadvantaged areas. It is expected to release its report for the 2014 fiscal year soon.

EASE UP ON REGULATIONS

The advocacy group National Small Business Association wants regulations issued by federal agencies easier to be easier for small companies to comply with. Many are unclear, or are inconsistent with each other, NSBA Chairman Tim Reynolds says.

“Presidential candidates can have an enormous impact on how regulatory agencies would move forward,” says Reynolds, owner of Tribute Inc., a Hudson, Ohio, software company.

The NSBA is also looking for a president who can help a fragmented Congress end its gridlock.

“Effective leadership from the White House is all about organizing individuals on both sides of the legislature,” Reynolds says

FIGHT CREDIT CARD FRAUD

Carl Mazzanti wants candidates to advocate for small businesses receiving the same protection from credit card hacking and fraud consumers have. When consumer accounts are hacked, federal law requires the consumer be notified. Businesses don’t automatically get that help. Mazzanti, owner of eMazzanti Technologies, a Hoboken, New Jersey, consultancy, says small businesses need protection from fraud that could wipe them out.

“Your entire life is in that shop,” he says.

REGULATE ONLINE LENDERS

An online lending industry for small business has grown rapidly in recent years because many small companies couldn’t get bank loans. That industry isn’t regulated, and that has enabled some lenders charging high interest to enter the market, says John Arensmeyer, CEO of the advocacy group Small Business Majority.

“The issue of predatory lending is something that I’d like to see candidates focus on,” Arensmeyer says.

Small Business Majority wants tax breaks like $500,000 deductions for equipment purchases made permanent, instead of being approved annually by Congress. The group also wants self-employed people to get full deduction of their health insurance premiums; currently, if their business incurs a loss, they cannot deduct the premiums.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Richmond Fire Victims Benefit from Tacos El Rulas Fundraiser

On 23rd Street Sunday, Richmond did what Richmond often does in its hardest moments: It showed up.  Hundreds of community members gathered at  Tacos El Rulas  on Aug. 22 in Richmond for a kermés fundraiser benefiting the Rivera family, who lost four family mem

Published

on

On 23rd Street Sunday, Richmond did what Richmond often does in its hardest moments: It showed up.

Hundreds of community members gathered at Tacos El Rulas on Aug. 22 in Richmond for a kermés fundraiser benefiting the Rivera family, who lost four family members in a house fire last week that authorities have described as suspicious.

The family-owned restaurant on 23rd Street turned a Sunday afternoon into a neighborhood act of care. A flyer for the event declared “Richmond Comes Together for the Rivera Family,” and the scene outside the restaurant made good on that promise: Families, neighbors, Richmond police officers and firefighters came by to support the cause. Proceeds from the day are intended to help the family with funeral expenses and more.

“We’re just here as public service to try to support the family and the community,” said Richmond Police Department Crime Prevention Manager Michelle Milam, who was among the public safety representatives at the event. “We think that this is a way that the community is trying to come together around pain and tragedy.”

Raoul Ramirez, Angel’s father and owner of Tacos El Rulas, said the fundraiser was simply about giving “back to the community.” He said he knows the Rivera family and wanted to step up for them after the tragedy. Photo by Kathy Chouteau.

Raoul Ramirez, Angel’s father and owner of Tacos El Rulas, said the fundraiser was simply about giving “back to the community.” He said he knows the Rivera family and wanted to step up for them after the tragedy. Photo by Kathy Chouteau.

Milam said police and firefighters wanted to offer “our support and our care and our concern in the midst of the tragedy.”

The fundraiser was organized by the Ramirez family, owners of Tacos El Rulas. Angel Ramirez said the event was created specifically for the Rivera family and that “100%” of proceeds from food and drink sales would go to help them.

Customers purchased $2 tickets each, Angel said, then used them for tacos, water, drinks and other offerings at various stands in the spacious area in front of the restaurant, allowing organizers to keep count of the proceeds. “We’re just here to support them,” he said.

For Angel, the loss has affected the whole community. “It is hard,” he said, uttering, “heartbroken.”

The deaths resulting from the Aug. 18 fire included a 33-year-old woman, her 47-year-old father, her 5-year-old son, and her 2-year-old daughter. Authorities arrested 32-year-old Sergio Rivera Vega, a relative of the victims who lived at the residence, near the scene in connection with the suspicious fire.

Sunday’s fundraiser did not erase the enormity of the loss. It did something distinctly Richmond: It made sure the family did not have to stand alone in it.

Those unable to attend Sunday’s event, but who wish to support the Rivera family, can donate through the GoFundMe campaign established to help cover funeral and burial expenses.

Continue Reading

Black History

Arnold Perkins: At 85, a Life of Service, Faith and Giving Back

Perkins believes that health is not simply physical. It is emotional, mental, and spiritual. And for much of his life, he says, his faith and philosophy of service have kept him vibrant, happy and connected to the world around him.

Published

on

The Post’s Healthy Aging Series addresses key components for healthy aging: mind, body and spirit. This article addresses the importance of having a strong spiritual or religious foundation.

As America’s population grows older, conversations about healthy aging often focus on diet, exercise and medical care. But for Dr. Arnold Xavier Cornelius Perkins, who will celebrate his 85th birthday next month, another ingredient has been equally important: a spiritual foundation and a lifelong commitment to serving others.

Perkins believes that health is not simply physical. It is emotional, mental, and spiritual. And for much of his life, he says, his faith and philosophy of service have kept him vibrant, happy and connected to the world around him.

“I am my brothers’ and sisters’ keeper,” Perkins said. “I am a ‘we’ person,” and referenced the South African expression of ‘Ubuntu,’ which means ‘I am because we all are.”

Born in Miami, Florida, Perkins came to California in 1954 with his family to attend a Seventh-day Adventist General Conference. His family ultimately decided to remain in California, unwilling to return to the harsh racism of the segregated South.

He grew up in Berkeley, attending Golden Gate Academy, Willard School, and Berkeley High School before joining the Navy during the Vietnam War era. He later attended Merritt College when the Black Panther Party was emerging in Oakland, where he became involved as a volunteer for the Student Non-Violent Coordinating Committee (SNCC). He graduated from San Francisco State University and completed additional coursework at Cal State East Bay.

His professional career became a remarkable journey through public service. Perkins served as Alameda County’s homeless coordinator, became a program officer with the San Francisco Foundation, headed a drug and alcohol program, and ultimately served as director of the Alameda County Public Health Department for 12 years before retiring in 2006.

But retirement did not mean stepping away from service.

Perkins jokingly describes this stage of his life as being in “preferment,” doing what he pleases. What he pleases, however, is continuing to help people.

He has worked with young people, served on San Quentin Prison’s warden advisory council, previously served on the Oakland Police Department Selection Commission, and completed two terms as chair of the Alameda County Juvenile Justice Delinquency Prevention Commission. He chaired the University of San Francisco’s Helen Diller Stanley Comprehensive Cancer Center for 10 years and is now in his 11th year serving on the California Wellness Foundation board.

Perkins even views a hereditary heart defect through the lens of his spiritual philosophy.

“I have a hole in my heart, so I’m not physically perfect,” he said. “But I look at it as I have a hole because I pour my heart out to people.”

That perspective may be one of his greatest lessons about healthy living. Perkins believes that kindness, compassion and community have a direct impact on a person’s emotional and spiritual well-being.

“If I see an unsheltered relative, I’d give them that $20,” he said. “My responsibility is to take care.”

For Perkins, giving does not deplete a person; it gives life back. “My life’s mission is to give,” he said. “And what I get back is life.”

He knows firsthand that one person can change another person’s destiny. As a young man, Perkins stuttered and often fought in response to the teasing and humiliation he experienced. A teacher, Jeff Tedisco, defended him and changed the direction of his life.

“If it hadn’t been for him,” Perkins said, “I would have been in San Quentin.”

Instead, Perkins now goes to Indaba Court, a restorative justice program, to help young people who have made wrong choices understand that they are part of a larger community.

“When they harm one person, they harm the community,” he said.

His prescription for a vibrant life is simple: be understanding, be kind and remember that life is not all about you.

“When we fold our arms, we can’t receive anything,” Perkins said. “But when we stretch out our arms and serve one another, we build community.”

At nearly 85, Arnold Perkins continues to prove that a life rooted in faith, service and love may be one of the most powerful foundations for healthy aging.

Next Week: Brenda Dennis Harris “The Body Temple.”

Continue Reading

Activism

Oakland Post: Week of August 26 – September 1, 2026

The printed Weekly Edition of the Oakland Post: Week of August 26 – September 1, 2026

Published

on

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

Continue Reading

Subscribe to receive news and updates from the Oakland Post

* indicates required

CHECK OUT THE LATEST ISSUE OF THE OAKLAND POST

ADVERTISEMENT

Facebook

Dawna Williams, EOBA executive director speaks to attendees at the Black August Eperience on Aug. 21. Photo courtesy of Carolyn Flynn of EOBA.
Black History9 hours ago

The mission of Youth Alive! Is to “break the cycle of violence, heal trauma, and uplift a thriving community of leaders, to save lives in Oakland and beyond” by serving “as mentors, youth leaders, counselors, case managers, intervention specialists and violence interrupters,” working “to help violently wounded people heal themselves and their community.”

Commentary9 hours ago

Standoff for Justice: Our Homes Are Worth Fighting For

Speakers from the Cuban embassy First Secretary Sulia Páez Chacon (left) and Second Secretary Gabriela Castillo shared the harsh realities caused by the U.S. blockade that has intensified dramatically this year. Photo by Ken Epstein.
Community10 hours ago

‘Eyes on Cuba’: A Conversation About Humanitarian Conditions Facing Cuba in Midst of Crippling U.S. Blockade

Business10 hours ago

Richmond Fire Victims Benefit from Tacos El Rulas Fundraiser

Black History10 hours ago

Arnold Perkins: At 85, a Life of Service, Faith and Giving Back

Activism10 hours ago

Oakland Post: Week of August 26 – September 1, 2026

#NNPA BlackPress24 hours ago

EV Home Charging Warning: What Dealerships Won’t Tell You! #shorts

#NNPA BlackPress1 day ago

Car Buying Secrets: Dealership Traps & How to Avoid Them #shorts

#NNPA BlackPress2 days ago

Mazda3 Hatchback Smart Trim Choices & Backseat Test #shorts

#NNPA BlackPress2 days ago

Loan Trap: The 7-Year Secret to Higher Payments #shorts

#NNPA BlackPress3 days ago

Marvel Has No Problem Finding Room for Spider-Man. So, Why Wasn’t There Room for Blade?

#NNPA BlackPress3 days ago

Young Black Men Suffering in Silence A curse that can be Broken

#NNPA BlackPress3 days ago

Black August Was Never Meant to End in August

Black History4 days ago

IN MEMORIAM: Dolly Parton Dead at 80 — How She Built a Legacy of Love and Earned Her Place in Black Culture

#NNPA BlackPress4 days ago

LIVE! — HE SAID, HE SAID, HE SAID — “The Next Chapter in Living with HIV” — FRI. 8.28.26 7PM EST

California Secretary of State Shirley N. Weber issued a statement confirming that her office is reviewing claims made by the U.S. Department of Homeland Security regarding the state’s efforts to prevent election fraud. CBM photo by Antonio Ray Harvey.
Featured3 weeks ago

Department of Homeland Security Demands California Secretary of State Shirley N. Weber Scrub Voter Rolls

#NNPA BlackPress4 weeks ago

New Judge Could Decide if Karmelo Anthony Gets a New Trial

Staff and family members of patients at UCSF Benioff Children's Hospital Oakland in Oakland, Calif., hold signs during a rally on Thursday, July 9, 2026. Rally participants protested the relocation of specialized care clinics to the hospital's San Francisco campus. Photo by Kayla Chan/Bay City News.
Business1 month ago

Oakland Children’s Hospital Workers and Patients Rally for Pediatric Medical Care

Gov. Gavin Newsom speaks during a July 21 presentation at McClellan Park highlighting California’s investments in advanced firefighting technology and wildfire prevention tools. CBM photo by Antonio Ray Harvey.
Environment3 weeks ago

“The Power to See Threats Sooner”: Gov. Newsom, Safety Officials Showcase California’s Investments in Hi-Tech Wildfire Prevention

Dr. Tonja L. Ringgold, an educator and Life Member of Alpha Kappa Alpha Sorority, Incorporated® (AKA), was installed as North Atlantic Regional Director during the organization’s 72nd Biennial International Convention on July 23 in Las Vegas.
Black History4 weeks ago

Alpha Kappa Alpha Sorority, Inc. Celebrates New North Atlantic Regional Director

iStock.
Business1 month ago

Surveillance Pricing Fight: State Senate Debates Bill Banning Retailers from Using AI to Set Prices Based on a Buyer’s Profile

Pastor Michael Wallace of Mt. Zion Missionary Baptist Church (center) and David Kimball, president of the Oakland Stake of the LDS church listen to remarks before volunteers began their work. “We are grateful to partner with these organizations to help care for those in need in our community,” Kimball later told the assembled volunteers. Courtesy photo.
Business1 month ago

Mount Zion MBC, Church of Jesus Christ of Latter-day Saints Partner to Bring 29,000 Meals to Alameda County

Justices of the United States Supreme Court. Courtesy of Supreme Court of the United States.
Featured3 weeks ago

California Sen. Padilla Joins Colleagues to Introduce Bill Imposing Term Limits on Supreme Court Justices

First Vice President of Sacramento City Unified School District Taylor Kayatta and family. Courtesy photo.
Community2 weeks ago

Less Affluent School Districts, Including Sacramento City, Face Threat of State Takeover

Photo: iStockphoto / NNPA.
Business3 weeks ago

Car Wash Workers Cope with Lingering Impacts of ICE Raids

iStock.
Business1 month ago

Starting This Summer, California Car Buyers Can Get an Instant $3500 Off the Cost of Electric Vehicles

#NNPA BlackPress1 month ago

COMMENTARY: You Are Already Paying for the AI Boom

#NNPA BlackPress1 month ago

California Bill Would Let Abuse Victims Use Trauma as Legal Defense for Violent Crime

Black History1 month ago

Fed Court to Decide Landmark First Amendment Case

John Jones III, Jonathan Fitness Jones, Mayor Barbara Lee, Ray Bobbitt, Samantha Wise, and Cecilia Cunningham. Photo by Gay Plair Cobb
Black History1 month ago

Oakland Celebrates $125 Million Coliseum Sale

Trending

Copyright ©2021 Post News Group, Inc. All Rights Reserved.