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? asked in Politics & GovernmentPolitics · 7 years ago

According to the Small Business Administration....?

According to the Small Business Administration, employees of small businesses account for 55% of the American workforce.

http://www.sba.gov/content/small-business-trends

According to the text of the Paycheck Fairness Act which is currently being debated by the Senate, small businesses are exempt rom the act according to the Fair Labor Standards Act of 1938, which is the law that the Paycheck Fairness Act amends. Why would the authors of the Paycheck Fairness Act exempt small businesses from this act?

https://www.govtrack.us/congress/bills/111/s3772/t...

Update:

@ Evilwax.......so you believe that the exemption was added to the Democrat-backed billed to appease corporations? I'm not agreeing or disagreeing, just want to be sure I understand your answer.

Update 2:

Thank you all. I have to admit that I'm surprised at the thoughtful answers. I expected most answers to contain the same ridiculous name-calling that most questions get and I'm happy to see that I was wrong.

7 Answers

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  • Anonymous
    7 years ago
    Favorite Answer

    When it is said that profit margins are the highest they have ever been, the corporations are added into the average. Small business profits are not that much. Minimum wage increase is an attack on small business set up by the corporations. It is the corporations that want all of these regulations, so they can get a monopoly. The founding fathers wouldn't let a corporation stay open but for so long for this very reason.

    Democrat, Republican. Same thing, they hide their corruption behind compromise. They cant just let corporations take over in just one day. People will notice the corporate take over, but if they do it over time, we become acclimated.

    I agree y, that equal pay is only fair, but the way it is set up, the equal pay will hurt the small business by the order in which these regulations are placed. Equal pay should have been from the beginning, these guys know what they are doing.

  • 7 years ago

    The SBA definition of a small business is very large. Depending on the nature of the business the number of employees could be as high as 1500 people and gross receipts 21.5 million dollars.

    As a former business owner, I would call that Big business.

    That was a loophole inserted by Republicans to exempt almost every company in the country from regulations.

    Even if the maximum number of employees were reduced to 100 and gross receipts 50 million, the number of jobs created by ultra small businesses would be a majority.

    SBA loans are impossible to get for a white male. A noncitizen will get a loan easily. A white woman might get one under some unusual circumstances like there are no so called minority applications in that SBA offices jurisdiction.

    As the Original Mortal Sin of starting a business is under capitalization, it makes the possibility for failure much higher for white males than anyone else. If they have a unique idea that is successful to a degree, the business is sold to a larger company within a few years. Under capitalization is a burden that never goes away.

    Very small businesses are also the place where many young inexperienced people get started in a profession they keep the rest of their lives. These small businesses can't afford experienced labor so they train the you guns themselves. If they like it and excel they stay with it. That is the way I started and taught others to do the same.

    Larger companies always seek experienced employees.

  • y
    Lv 7
    7 years ago

    I agree with evilwax, both parties now cater to those that give them the most, big business. Although small business should be exempt from some regs, fair pay is not one of them. That doesn't mean I agree with this bill as it is written though. You even have dem talking heads saying that the presidents rhetoric yesterday in this regards was over the top. The plush now is simple for the election cycle

  • Anonymous
    7 years ago

    Contrary to popular opinion there is nothing SMALL about many small businesses

    The US Department of Labor's definition of a small business

    What is a small business?

    The Office of Advocacy defines a small business as an independent business having fewer than 500 employees. (The definition of “small business” used in government programs and contracting varies by industry; see www.sba.gov/size.

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  • meg
    Lv 7
    7 years ago

    The SBA definition of a small business is not the same as the one used in the law see http://www.sba.gov/content/what-sbas-definition-sm...

    If a business is really small they do not have enough employees to demenstrate they have a policy of paying women less.

  • LAN
    Lv 7
    7 years ago

    This law isn't about fair work practices. It's about playing to an agenda that has little basis in fact. I have yet to work a single job where women start out at less than men. The fact that many of them can't keep up is mostly due to the time many of them lose to have kids. Why should they get payed the same for losing work time?

  • Anonymous
    7 years ago

    evilwax deserves the points.....

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