Small business owners and entrepreneurs have plenty of barriers to success without considering the costs from the COVID-19 pandemic. High and excessively complex tax laws, the anti-growth reconciliation bill, and regulatory burdens like the pending congressional “Right to Work” bill and California’s AB5 law that is going national through the PRO Act. These barriers make starting a small business, hiring employees, and successfully growing a challenge.

Then there is the government’s economic response to the COVID-19 pandemic.

Lawmakers and regulators at the federal level took unprecedented action to help stabilize the U.S. economy and protect American small businesses and entrepreneurs. Unfortunately, despite good intentions, it didn’t help.

To continue reading the rest of the article, please click on the source link below:

https://www.forbes.com/sites/waynewinegarden/2021/11/01/federal-covid-19-response-hurt-small-business-threatens-future-of-american-entrepreneurship/?sh=5653f68bac6d