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politics12h ago
Trump Official Brags On Fox News: ‘I Don’t Think Small Business Owners Have Ever Been So Excited to Pay Their Taxes!’
Mediaite.com and 1 more
- Trump administration policies are cited as boosting small business optimism, with Loeffler arguing that optimism exceeds long-term averages and is tied to tax cuts and deregulation.
- Loeffler credits the Working Families Tax Cut and related tax provisions (20% pass-through deduction, increased expensing, R&D expensing) with making small business owners more willing to invest and pay taxes.
- Loeffler argues that tax certainty, courtesy of the administration, reduces regulatory and financial risk for small businesses.
- The administration frames deregulation as a key factor in small business health, noting significant cuts to regulations in the first year.
- SBA’s stated 2026 goal is alleviating regulatory burden after years of Biden-era rules, aiming to relieve small businesses and accelerate relief.
- SBA is reportedly leading a strike force to roll back additional regulations to support small businesses.
- Critics have highlighted concerns that regulatory reforms may affect disadvantaged entrepreneurs, with reporting noting potential impacts on minority and women-owned businesses.
- The reference asserts Loeffler connected small business optimism to the broader tax-cut strategy and blue-collar economic gains.
- The Fox News appearance featuring Loeffler is framed as evidence of administration support for small business, with Casone asking about Biden-era regulation relief.
- The article ties statements about tax policy, regulation relief, and economic optimism into a broader narrative of a 'small business boom' under Trump.
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