Latino and Immigrant Entrepreneurs are Driving Business Startups

[dmf777]

http://latino.foxnews.com/latino/money/2015/05/29/latino-immigrant-entrepreneurs-driving-business-startups-in-us-study-finds/

Latinos – and especially Latino immigrants – are helping to drive an increase in new businesses across the United States as the country continues to recover from the economic recession, a new study found.

According to the annual startup index produced by the nonprofit Ewing Marion Kauffman Foundation, immigrant entrepreneurs started 28.5 percent of the new businesses in the U.S. in 2014, compared to 25.9 percent a year earlier and 13.3 percent in 1996.

Hispanics accounted for 22.1 percent of new businesses in 2014, up from 20.4 percent in 2013 and just 10 percent in 1996 – a proportion that has outstripped the Latino demographics. Hispanics made up 17.1 percent of the U.S. population in 2013, the most recent Census data, up from 10.6 percent in 1996.

"This rebound in entrepreneurial activity lines up with the strength we've seen in other economic indicators, and should generate hope for further economic expansion," said Dane Stangler, vice president of Research and Policy at the Kauffman Foundation, in a news release. "But it's important to view this short-term uptick in context of the bigger picture – we are still in a long-term decline of activity, which affects job creation, innovation and economic growth."

Economists and observers note that much of the growth in Latino entrepreneurship is from small, "mom-and-pop" businesses and not the the fast-growing firms that account for a disproportionate share of U.S. job growth.

[obumazombie]

You mean your anointed messiah hasn't fixed the owebumeconomy yet ?
At what point will you confess that your minimum of 2 votes for the object of your adoration were foolish  ?

[dmf777]

You mean your anointed messiah hasn't fixed the owebumeconomy yet ?
At what point will you confess that your minimum of 2 votes for the object of your adoration were foolish  ?

At the point when I actually submit two such votes.

[thundley4]

Hispanics accounted for 22.1 percent of new businesses in 2014, up from 20.4 percent in 2013 and just 10 percent in 1996 – a proportion that has outstripped the Latino demographics. Hispanics made up 17.1 percent of the U.S. population in 2013, the most recent Census data, up from 10.6 percent in 1996.

How many landscaping and pool cleaning services do we really need?

[JohnnyReb]

So, you're here illegally under a false name too probably.....well, the IRS doesn't expect you to be paying taxes so that's a 15-20 percent tax savings plus a 12 percent SS savings. You hire other illegals and don't pay SS withholding , workmans comp insurance, etc...another 30 percent savings.....and just before you head back to the home country, don't pay your bills and that's 100 percent profit.

Where do I go to forfeit my US citizenship so I can profit and vote democrat???????????....and get an EBT card?

[Big Dog]

Where do I go to forfeit my US citizenship so I can profit and vote democrat???????????....and get an EBT card?

They'll take care of everything.

[obumazombie]

At the point when I actually submit two such votes.

You're denying you voted for owebuma ?
Or that you voted for him multiple times ?

[dmf777]

You're denying you voted for owebuma ?
Or that you voted for him multiple times ?

I never voted for Obama.

[Mr Mannn]

Latinos – and especially Latino ILLEGAL immigrants – are helping to drive an increase in new businesses across the United States as the country continues to recover from the economic recession, a new study found.

If they are not here legally, their business is illegal too. Confiscate the business, the cash made and deport the illegal alien.

If they want a legal business, come here legally.

[dmf777]

If they are not here legally, their business is illegal too. Confiscate the business, the cash made and deport the illegal alien.

If they want a legal business, come here legally.

Please respect my posts and don't put words in my mouth. I didn't mention illegal aliens for a reason Mr. Einstein, because I am obviously talking about legal residents and immigrants of America.

[txradioguy]

Please respect my posts and don't put words in my mouth. I didn't mention illegal aliens for a reason Mr. Einstein, because I am obviously talking about legal residents and immigrants of America.

But how do you know those immigrants aren't illegal? Our media purpose leaves out that fact like they do a Dem politicians party when they get busted. Or a criminals race if it's anything but white.

[txradioguy]

Please respect my posts and don't put words in my mouth. I didn't mention illegal aliens for a reason Mr. Einstein, because I am obviously talking about legal residents and immigrants of America.

Sad truth of the matter is that you can't say for sure and the Government won't say just how many of those businesses are started by people who broke the law to get here.

Using a birth certificate or some form of official foreign ID (passport, military or state identification), an immigrant can apply for an Individual Taxpayer Identification Number (ITIN). With the ITIN in hand, he can apply for an Employer Identification Number. Section 7b of this form asks for a Social Security number or — and this is how it’s all possible — an ITIN number. That’s it. Once he’s granted these IDs, the Internal Revenue Service considers him the owner of a legal U.S. company. Yet, because owning a business does not change immigration status, the U.S. government can still deport him at any time.

http://conservativecave.com/index.php?action=post;quote=1289838;topic=102534.0;last_msg=1289845