Kamala Harris claims she supports small business. She doesn't and I have the receipts

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In an effort to region herself from the economical ruin she had a manus successful creating, Vice President Kamala Harris is positioning herself arsenic the tiny concern candidate. That’s a bully strategy, fixed that determination are much than 33 cardinal tiny businesses successful the United States, and tens of millions much if you see entrepreneurial gig workers. 

But 1 cannot conscionable question a magic wand and go something. Between the Biden-Harris policies implicit the past 3 and three-quarters years, arsenic good arsenic her run proposals, it is wide that Harris is, successful actuality, the anti-small concern candidate. 

While it is ever challenging to beryllium an entrepreneur, tiny concern owners person had a peculiarly unsmooth spell implicit the past 5 years. They bore the brunt of the COVID-19 shutdown mandates, portion they saw large businesses get much enactment and thrive. 

HARRIS' STRUGGLES WITH MICHIGAN'S WORKING CLASS VOTERS PROVIDES OPENING FOR TRUMP, GOP

Coming retired of COVID, the Biden-Harris policies helped to stoke historical inflation, which created an immense acceptable of challenges for tiny concern owners (as good arsenic Main Street Americans).  

Harris astatine  run  event

Vice President Kamala Harris mightiness assertion she's pro-small business, but the world of the Biden-Harris medication is acold different. (Andrew Harnik/Getty Images)

It is estimated that the Biden-Harris medication accrued the regulatory load connected tiny businesses to the tune of $1.7 trillion, costing tiny businesses much than 300 cardinal hours of compliance time. 

This whitethorn beryllium wherefore the NFIB (National Federation of Independent Business), which puts retired a monthly tiny concern optimism survey, has seen that scale enactment beneath its 50-year historical mean for 33 consecutive months.  

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Another tiny concern stroke comes from Harris’s stance connected autarkic work. In 2021, the Biden-Harris medication overturned a Trump-era autarkic contractor rule, and successful 2024, the Biden-Harris Department of Labor enactment successful spot alternate, restrictive standards for contractor work. This matters to not lone those entrepreneurs who privation to enactment flexibly, but besides to tiny businesses that trust connected contractors.  

Harris has besides been wide that she is simply a protagonist of the PRO Act, which includes overmuch of the anti- autarkic contractor connection from California’s AB 5 rule, which aims to instrumentality distant enactment flexibility connected the nationalist level.  

Harris’s flagship connection purportedly demonstrating her enactment of tiny concern rests connected expanding a startup disbursal credit. Not lone is this connection opaque, but it is besides focused solely connected caller concern entities, and wholly ignores America’s much than 33 cardinal existing tiny businesses. 

Her different proposals are straight damaging to tiny concern owners. She has communicated that she volition fto the Tax Cuts and Jobs Act expire, which gave galore tiny businesses a taxation interruption and included a qualified concern income deduction for definite tiny businesses that volition besides expire. She has besides said she plans to rise income taxation and superior gains taxes, among different proposals, that volition spot existing tiny businesses paying much of their hard-earned wealth to the government. 

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In presumption of authorities similar the Corporate Transparency Act Beneficial Ownership Information (CTA BOI) regularisation that targets tiny businesses arsenic fiscal criminals, Harris has shown nary solidarity with tiny concern owners. There is simply a CTA BOI hold measure stuck successful the Senate, arsenic good arsenic different hold and 2 repeal bills projected successful Congress, and she could lend a pro-small concern dependable to these efforts if that were really her priority. 

Small businesses are the backbone of the economy, and they merit to beryllium treated with respect, not utilized arsenic a governmental pawn. Kamala Harris’s actions are precise clear, nary substance what she says, she is nary person to tiny business. 

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