Small Business Blog Post Material
Revision as of 15:12, 8 April 2016 by imported>Jason
Small Business Needs & Candidate Objectives May Be Misaligned
Republican Candidate Small business objectives:
Trump:
- Immigration reform calling for mass deportation of immigrants would decrease the opportunity for sb growth
- 40% of Fortune 500 companies were started by immigrants
- Education reform slashing the budget of the department of education-> decrease in financing for sb innovative research program (a research and development project that investigates important education or assistive technology, science, or engineering questions under topics identified each year in the solicitation).
- Tax reform, lowering the corporate tax from 35%->15% for all businesses (DTW1)
- Reform health care policy, eliminating obamacare
(Forbes)
Cruz:
- Tax reform code -16% corporate tax level
- Wants to repeal Obamacare because of perceived inhibitory effects on small business
- Cut the export-import bank
- Eliminate estate taxes and capital gains
- Legislation to prevent deduction of undocumented salaries around tax time
- Wants to eliminate the IRS
- Dismantle the current EPA regulation regarding the clean power plan and, waters of the US rule
(TCW)
- Adamantly opposed to a higher minimum wage in protecting sb owners
- Build out keystone pipleline
(WP)
Kasich:
- Reduce corporate taxes from 35-25%
- Implement a one year moratorium on all regulation passed by the obama administration
- Repeal Obamacare and implement a market based system of healthcare
(BizJ)
- Eliminate the estate tax (a tax levied on the net value of the estate of a deceased person before distribution to the heirs.)
(FORT)
