Romney or Obama...Which Candidate Would be Favorable to Franchising?

Which candidate would be favorable to franchising? You decide... THE RACE TONOVEMBER: IFAS President Barack Obama and GOP Nominee Gov. Mitt Romney Franchising on Franchising's Top Priorities epporti Below is a comparison of the two presidential candidates detailing where each stands on some of IFA's key issues, taken either from the responses to a greater franchise business community questionnaire IFA sent to each campaign or from the campaigns' websites. We hope this document serves as a useful tool Welcome to Franchising Votes - the IFA's new online voter education campaign that aims to ensure our members and members of the have the tools necessary to make an informed decision at the ballot box and get out to vote on November 6th. This is the first in a set of weekly Day and encourage you to send this emails leading up to Election Day to help keep you informed and get you motivated to vote on Election Day. when making your decision on Election comparison to your employees, colleagues and friends in the franchise industry. Click here to download the comparison. If you have any questions, please contact Erica Fitzsimmons, Director, Political Affairs & Grassroots Advocacy. Stay tuned for next week! PRESIDENT BARACK OBАМА GOVERNOR MITT ROMNEY REGULATORY ENVIRONMENT "While President Obama ". will review all Obama-era is fighting to move America forward and grow our economy from the middle out, Mitt regulations and repeal those imposing an undue economic burden ... Mitt will change the way Washington regulates by imposing a regulatory cap to refocus agencies on reducing and streamlining regulation instead of increasing it. And.. would require Congress to approve major regulations before they take effect. Romney and Paul Ryan would take us back to the same failed policies that crashed our economy and punished the middle class; more budget- busting tax cuts for the wealthy and letting Wall Street write its own rules." IFA opposes burdensome regulations that impede growth of IFAO franchise businesses. IFA supports legislation that restores the balance between Congress and the administrative agencies and helps ensure all branches of the Federal government are accountable to the American people. Franchising" an pertumity TAX REFORM "Cut taxes by $3,600 for the average middle class family over his first term in office and "Lower the corporate tax rate from 35% to an internationally- competitive 25%." cut taxes 18 times for small • ".has expressed his intention to 'make permanent, across-the- board 20 percent cut in marginal rates." businesses to help them grow and create jobs." Seeks to extend the Bush-era tax cuts for family income up to $250,000 per year. • Has also proposed lowering the corporate tax to 28%. IFA believes tax reform must be addressed as a comprehensive package, not with piecemeal fixes.Any effort for reform should lower the overall rate for both corporations and individuals, given more than 80 percent of franchise businesses file their IFAO amn A Franchising income on their personal tax returns. WORKFORCE POLICY President Obama's Department of Labor has promulgated regulations to shorten the timeframe for holding a union election, create small bargaining units, or "micro-unions", and eliminate a long-standing overtime exemption for companion care workers. "Protect worker rights by guaranteeing them secret ballot elections and the right to work without joining a union. Mitt will overturn President Obama's executive order requiring the federal government to use union labor on all major projects." IFA supports secret ballot elections and opposes efforts to enact "card check" through legislation or regulatory actions. IFA opposes NLRB regulations that would shorten the timeframe for unions to hold an election, establish micro- IFAO n AN n Franchising unions and other attempts to enact "back door card check." HEALTH CARE The President's signature health care legislation, the Patient Protection and Affordable Care "Obamacare... give[s] the federal government control over enormous portions of the economy with ill-defined language requiring thousands of pages of regulation. Mitt will repeal... and replace [it] with Act, was signed into law in March 2010. The law requires most individuals to purchase health insurance, and requires most businesses to provide affordable coverage to full-time employees. On June 28, 2012, the U. S. Supreme Court upheld sensible reforms." the Affordable Care Act under Congress' power to levy and collect taxes. IFA supports the repeal of the Affordable Care Act , in particular IFAO the employer mandate, which according to an IFA-commissioned study by The Hudson Institute, will cost the franchise industry Franchising $6.4 billion, not including regulatory compliance, and could also Building wppartunity result in the loss of 3.2 million jobs at franchise businesses. IFA VOTING RESOURCES Franchise Congress-Become the voice of franchising www.franchise.org/joinfranchisecongress FranchisingVotes.com-Connect with elected officials, register to vote, find polling locations, and get info on early voting www.franchisingvotes.com FranchisingVotes App-Amplify your advocacy activities via social media. Search for "Franchising Votes" in the iTunes App Store and the Google Android Marketplace. Which candidate would be favorable to franchising? You decide... THE RACE TONOVEMBER: IFAS President Barack Obama and GOP Nominee Gov. Mitt Romney Franchising on Franchising's Top Priorities epporti Below is a comparison of the two presidential candidates detailing where each stands on some of IFA's key issues, taken either from the responses to a greater franchise business community questionnaire IFA sent to each campaign or from the campaigns' websites. We hope this document serves as a useful tool Welcome to Franchising Votes - the IFA's new online voter education campaign that aims to ensure our members and members of the have the tools necessary to make an informed decision at the ballot box and get out to vote on November 6th. This is the first in a set of weekly Day and encourage you to send this emails leading up to Election Day to help keep you informed and get you motivated to vote on Election Day. when making your decision on Election comparison to your employees, colleagues and friends in the franchise industry. Click here to download the comparison. If you have any questions, please contact Erica Fitzsimmons, Director, Political Affairs & Grassroots Advocacy. Stay tuned for next week! PRESIDENT BARACK OBАМА GOVERNOR MITT ROMNEY REGULATORY ENVIRONMENT "While President Obama ". will review all Obama-era is fighting to move America forward and grow our economy from the middle out, Mitt regulations and repeal those imposing an undue economic burden ... Mitt will change the way Washington regulates by imposing a regulatory cap to refocus agencies on reducing and streamlining regulation instead of increasing it. And.. would require Congress to approve major regulations before they take effect. Romney and Paul Ryan would take us back to the same failed policies that crashed our economy and punished the middle class; more budget- busting tax cuts for the wealthy and letting Wall Street write its own rules." IFA opposes burdensome regulations that impede growth of IFAO franchise businesses. IFA supports legislation that restores the balance between Congress and the administrative agencies and helps ensure all branches of the Federal government are accountable to the American people. Franchising" an pertumity TAX REFORM "Cut taxes by $3,600 for the average middle class family over his first term in office and "Lower the corporate tax rate from 35% to an internationally- competitive 25%." cut taxes 18 times for small • ".has expressed his intention to 'make permanent, across-the- board 20 percent cut in marginal rates." businesses to help them grow and create jobs." Seeks to extend the Bush-era tax cuts for family income up to $250,000 per year. • Has also proposed lowering the corporate tax to 28%. IFA believes tax reform must be addressed as a comprehensive package, not with piecemeal fixes.Any effort for reform should lower the overall rate for both corporations and individuals, given more than 80 percent of franchise businesses file their IFAO amn A Franchising income on their personal tax returns. WORKFORCE POLICY President Obama's Department of Labor has promulgated regulations to shorten the timeframe for holding a union election, create small bargaining units, or "micro-unions", and eliminate a long-standing overtime exemption for companion care workers. "Protect worker rights by guaranteeing them secret ballot elections and the right to work without joining a union. Mitt will overturn President Obama's executive order requiring the federal government to use union labor on all major projects." IFA supports secret ballot elections and opposes efforts to enact "card check" through legislation or regulatory actions. IFA opposes NLRB regulations that would shorten the timeframe for unions to hold an election, establish micro- IFAO n AN n Franchising unions and other attempts to enact "back door card check." HEALTH CARE The President's signature health care legislation, the Patient Protection and Affordable Care "Obamacare... give[s] the federal government control over enormous portions of the economy with ill-defined language requiring thousands of pages of regulation. Mitt will repeal... and replace [it] with Act, was signed into law in March 2010. The law requires most individuals to purchase health insurance, and requires most businesses to provide affordable coverage to full-time employees. On June 28, 2012, the U. S. Supreme Court upheld sensible reforms." the Affordable Care Act under Congress' power to levy and collect taxes. IFA supports the repeal of the Affordable Care Act , in particular IFAO the employer mandate, which according to an IFA-commissioned study by The Hudson Institute, will cost the franchise industry Franchising $6.4 billion, not including regulatory compliance, and could also Building wppartunity result in the loss of 3.2 million jobs at franchise businesses. IFA VOTING RESOURCES Franchise Congress-Become the voice of franchising www.franchise.org/joinfranchisecongress FranchisingVotes.com-Connect with elected officials, register to vote, find polling locations, and get info on early voting www.franchisingvotes.com FranchisingVotes App-Amplify your advocacy activities via social media. Search for "Franchising Votes" in the iTunes App Store and the Google Android Marketplace.