Curtis Coleman 2010

Coleman: “The escalating cost of regulatory compliance is smothering and destroying small businesses in America.”

(NORTH LITTLE ROCK, AR – 04 MAY 2010) Conservative Republican U.S. Senate candidate Curtis Coleman released his regulatory reform proposals today as part of his “Restoring the American Dream” policy proposals. “The escalating cost of regulatory compliance is smothering and destroying small businesses in America, making it almost impossible for American businesses to successfully and profitably compete in a global marketplace,” Coleman said. “If small business – the job creation engine of our economy – is going to once again grow, prosper and create jobs for hardworking Americans, significant regulatory reforms are required.”

Coleman’s proposals include:
• Raising the federal regulations compliancy floor to companies with 500 or more employees
• Elimination of overlapping agencies and jurisdictions
• A limitation on the number of new restrictive regulations that any given agency may create in any given period
• Implementation of an effective protocol for the federal government to evaluate the impact of proposed regulations on small businesses and a vigorous analysis of alternatives
• Congress must discontinue its abdication of the legislative process and the improper delegation of its legislative function to the executive branch
The complete text of Coleman’s tax reform plan is available at http://www.curtiscoleman.com/wp-content/uploads/2010/05/Regulatory-Reform.pdf

Coleman formed an Economic Advisory Council in February and said that the council “would develop real-world solutions for creating an environment in America in which small businesses can once again prosper and create new and desirable jobs.” “We’ll be releasing other policy proposals developed by the Council over the next few days,” Coleman said.

Members of the Council include:
• Dan Hebert (Fayetteville) former CEO of Pace Industries
• Richard Wagnon (Texarkana) residential and commercial development, medical spas, rail car storage, biotech research, oil and gas exploration, and nursing home development.
• John Lessel (Little Rock) Attorney at Law whose practice areas include taxation, estate planning, business law, corporate law
• Jeff Evans (Bentonville) Owner, Colonial Mortgage, LLC
• Dr. Grady Crosland (Little Rock) Anesthesiologist and Pediatrician practicing at UAMS and AR Children’s Hospital
• Joe Tarvin (Fayetteville) president and controlling partner of EGIS Engineering, Inc.
• Craig G. Rennie, Ph.D. (Fayetteville) the Clete and Tammy Brewer Professor of Financial Markets, Associate Professor of Finance, Managing Director Garrison Financial Institute for the University of Arkansas

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