THE CLAIM: Kamala wants to help small businesses and young families/homeowners in America.
THE TRUTH: Small businesses, young families and homebuyers are struggling under Kamala.
If she was going to do this, she would have.
Here are the facts:
• Kamala voted against the Child Tax Credit in 2017.
• She has now copied Trump on that policy.
• Despite her claims, Kamala’s voting record proves she is against the Child Tax Credit.
Small businesses have seen over 700 new regulations under Kamala Harris.
Kamala Harris' big government agenda has cost Americans nearly $1.68 trillion.
In the last year, 1.3 million workers have become unemployed.
Kamala/Biden just added another $73 Billion in regulations this month.
As far as small businesses and start-ups go, Trump’s policies were clear during his administration.
Here is that evidence:
- In 2017 Trump signed the Tax Cuts and Jobs Act.
- This helped small and large businesses.
- This reduced the tax burden on nearly 80% of small businesses.
- It allowed pass-through businesses to deduct 20% of their business income.
- It also expanded section 179 expensing giving small business owners the ability to invest in long term growth.
- Trump also made history for women-owned and minority-owned businesses.
- In 2017 the SBA lent $277 million more to women-owned businesses than years prior.
- Trump set a record-breaking $9.58 in lending to minority-owned businesses.
- Wells Fargo reported that in 2017, Trump had brought small business optimism to an 11-year high.
- Small businesses under Trump reported remarkable job creation and expansion plans according to the NFIB this increased by 20%.
- 33% reported raising compensation in April 2017, the first time since 2000.
