The SEC's paperwork relief isn't for Mike Kowalski
Plan (drafter input)
The SEC just proposed letting public companies report earnings twice a year instead of four times. Paul Atkins calls it deregulation, flexibility, reducing burden on small business. Trump pushed this idea last year. Mike's angle: every small business owner in Ohio already knows what it's like to run a company without quarterly analyst calls and earnings guidance theater. The problem was never that corporations reported too much. The problem was that the people reading those reports used them to strip companies, offshore jobs, and call it efficiency. Button: less paperwork for publicly traded giants is not the same thing as less paperwork for Mike Kowalski.
Mike's small-business reality gives him standing to punch on this from a direction neither Wall Street nor DC expects. He's MAGA but not a corporate shill — he can support deregulation in principle and still call out who actually benefits. Fresh lane, no repetition with recent content.
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Paul Atkins wants to let public companies report earnings twice a year instead of four times. Trump pushed this a year ago. Jamie Dimon and Warren Buffett have been asking for it for years. The argument is deregulation, flexibility, less short-term pressure. Fine.
Here's what I know. Every small business owner in Ohio has been running without quarterly analyst calls their entire lives. No earnings guidance theater. No investor day. No 90-day performance window managed by a communications team. We just run the business. And when the quarterly reports were coming out four times a year, the people reading them weren't using them to build anything. They were using them to find the line item that justified cutting headcount, offshoring a division, or loading a company with debt and calling the whole thing a restructuring. That's not a paperwork problem. That's a people problem.
Less reporting for publicly traded giants isn't the same thing as less regulation for the rest of us. My shop files taxes quarterly. Payroll tax deposits don't pause because the SEC is modernizing. OSHA doesn't care about my administrative burden. The IRS certainly doesn't. When they talk about cutting red tape, make sure you're clear on whose tape they're cutting. It's not yours.
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SEC wants to ease reporting rules for public companies. My quarterly filings didn't get any lighter. #manufacturing #smallbusiness #maga #economy
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- Hero image done stock · account_stock_imagesmagamike_stock_06.png$0.00api 0.0sMay 7, 5:15 PM
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