Tag: Entrepreneurs

Fight or Flight: Proposed Amendments to the California Constitution May Threaten California’s Defining Industry

By: Jacob Hartzler On January 19, California Assemblymember Alex Lee, representing California’s 24th District, reintroduced a bill aimed at taxing California’s ultra-wealthy.  Assembly Bill 259 (“AB 259”) and an accompanying proposed constitutional amendment, ACA 3, were introduced as part of a “concerted effort” of wealth tax proposals in seven other states including Connecticut, Hawaii, Nevada,… Read More Fight or Flight: Proposed Amendments to the California Constitution May Threaten California’s Defining Industry

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Black-Owned Business during the Coronavirus Pandemic just might be saved.

The Coronavirus Disease 2019 (“COVID-19”) pandemic disproportionately affected Black and Brown entrepreneurs, compared to their White counterparts. From February to April 2020, CNN Business reported there was a 41% closure rate in Black-owned businesses and a 32% drop in Latino-owned businesses. Meanwhile, White entrepreneurs experienced only a 17% closure rate. However, Black and Brown entrepreneurs have received unprecedented support from Americans outraged by police brutality and the tragic murders of Breonna Taylor, George Floyd, and Ahmaud Arbery, while motivated to make a difference in racial injustice and economic inequity. In its efforts to promote equality and end racism, the Black Lives Matter movement has contributed to a sharp rise in Black-owned businesses ’ global online sales.… Read More Black-Owned Business during the Coronavirus Pandemic just might be saved.

JHTL