Biden's climate rules hurt small businesses

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Published: Tuesday, May 17th, 2022 @ 3:42 pm
By: Countrygirl1411 ( More Entries )

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America’s top financial regulator issued climate disclosure rules that are more burdensome for smaller companies than large companies, according to the agency’s own analysis.

While the rules would cost large corporations $640,000 at first and $530,000 in subsequent years, they would cost smaller publicly-traded companies $490,000 initially and $420,000 in following years, the Securities and Exchange Commission (SEC) said in its proposal. The regulator’s analysis suggests that smaller companies would feel a relatively larger financial burden as a result of the proposed disclosure rules.

https://dailycaller.com/2022/05/17/sec-joe-biden-climate-disclosure-small-companies/

Just like the forced govt. shut down of businesses, it was the small businesses that were harmed or put out of business while big business were allowed to prosper.

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Concerned Taxpayer said:

( May 20th, 2022 @ 7:29 am )

Climate alarmism is a tool of the far left to attack free enterprise and democracy. Tilting at their windmills raises costs for every citizen. The immediate past President of the Czech Republic, Dr. Vaclav Klaus, hit the nail on the head when he called climate alarmism "a budding totalitarian ideology that is the greatest threat to freedom, democracy, and prosperity in the world today."

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