A weekly roundup of small-business developments.
The Big Story: The Health Care Wars Rage On
Here’s what small businesses can expect from the Supreme Court’s health care ruling. The Congressional Budget Office estimates that only 1.2 percent of Americans will pay a penalty for not getting coverage, and Ezra Klein says this is not the biggest tax increase ever. Suzy Khimm asks if businesses are satisfied now that there’s no more uncertainty. Americans for Tax Reform updates its list of health care taxes. One writer offers 11 ways to profit from the Affordable Care Act . The Wall Street Journal’s senior economics writer believes that 75 percent of the costs of the overhaul will fall on the backs of those making $120,000 or less. Meanwhile, here are the best things about being blind.
The Economy: Tepid
The monthly unemployment report shows tepid job growth. The Institute for Supply Management’s economic activity index in the service and manufacturing sectors contracted in June. But Joe Weisenthal says this doesn’t necessarily mean a huge drop in actual business. Corporate profits as a percentage of gross domestic product slumps for the first time since 2008. Retail sales slow. Rents around the country continue to increase as vacancies dry up. We recommend you visit the following site for more complete information and related topics. Article source: http://boss.blogs.nytimes.com/2012/07/09/this-week-in-small-business-managing-millennials/