Kamala Harris Admits Prices Have Gone Up

THE LIE: Kamala is fighting for Americans with “small business tax breaks” while Trump isn’t because of his “corporate tax cuts.”

THE TRUTH: In 2017, Trump signed the Tax Cuts and Jobs Act which helped small and large businesses.

Let’s also not forget that Americans are paralyzed right now by inflation.

Here are the facts:

- 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