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ESOP Association Resources

Apr. 27
Today, during a Small Business Administration Budget Hearing, Rep. Dean Phillips (MN-3) engaged Administrator Isabel Guzman of the Small Business Administration on the issue of employee ownership.  Rep. Phillips is a member of the House Small Business Committee who is a former businessman with a family history of employee ownership. 
Apr. 19
Senator Bernie Sanders, Independent Senator from Vermont and ESOP supporter will be addressing the National Conference on May 5, 2022. 
Senator Sanders, the longest standing Independent member of Congress, has represented Vermont in the US Senate since 2007. In his 3rd term in the Senate, he is currently the Chairman of the Senate Budget Committee, and a high-ranking member of the Senate Health, Education, Labor, and Pensions Committee, among other Senate committee assignments.  
Apr. 18
Roundtables at #TEANational2022
 
Don’t miss our great lineup of roundtables, only at TEA National 2022.
CEO Roundtable: Inflation & Its Impact Your Business                                            
Moderator: Derrick Vick Thursday, May 5 at 10:00 AM
Apr. 17
TEA is excited to announce that Senator Mike Crapo, a lifelong Idahoan and the 13th most senior Senator in the current Congress, will be addressing the in-person and virtual attendees of TEA’s National Conference 2022.  Senator Crapo is important to our community and has supported employee ownership through his numerous committees that directly impact ESOPs.
Apr. 11
Bob Woodward pulls the curtain back on Washington and its leaders to captivate audiences with stories that are sometimes surprising, at times shocking, and always fascinating.
ESOP Blog, Resource
Feb. 28
In this, our final installment on common criticisms of ESOPs—and why they are wrong—we’ll look at the assertion that ESOPs are not real ownership.
According to cynics, ESOPs are “fake” ownership plans. In “real” ownership, they argue, the owners control their assets by determining such things as who runs the company, who sits on the Board of Directors, when major corporate decisions are made that might impact the future of the company, and so on.
But ESOPs are true ownership.
ESOP Blog, Resource
Feb. 14
I often hear three criticisms about ESOPs: The second criticism is that ESOPs are a waste of taxpayers’ money.
Cynics say the tax breaks provided to ESOPs are money losers because the majority of American taxpayers pay higher rates to make up for the cost of ESOP tax benefits.
But anyone who says that must not have done very well in elementary school when they learned basic math. ESOPs offer great returns on tax incentives.