Monday, October 10, 2016

Why Small Businesses Back Trump

Trump supporters are diverse. Despite the attempts of opponents to brand his camp as dregs of humanity, they come from all creeds and walks of life. From among that large pool, there is a specific group that is noteworthy, and understanding why they support Trump is important to making a rational, informed decision this November. That group is the collective group of men and women running small businesses throughout the U.S.

Trump Support
Long before he even took a lead in the primaries, small business was the backbone of Trump’s support. They averaged the highest donations to the campaign and made up the largest number of contributors.

On top of that, they have been vocal the entire time, and little has dissuaded this group from sticking to Trump. The worst polls on record still show Trump more than 10 points ahead of Clinton in regards to small business owners and operators.

Resolve this staunch has to come from somewhere, so the real question must be asked. Why is Trump such a clear choice for this group?

Washington Outsider
When interviewed, the first and most common answer from business owners is that Trump is a Washington outsider. Politics have ping ponged businesses for more than 20 years, and the smaller businesses have lacked the clout to force political change that really favors them. Every major candidate is eventually exposed as a corporate shill of some kind or other, and this is a group that is more than disillusioned. They are fed up.

The fact that Trump runs his own major corporation ironically makes him more transparent than career politicians. It’s obvious that some of his policies would favor his business, but he doesn’t shy from that. Instead, he makes it clear that his business experience shapes his policy, and they are changes that business owners across the country recognize as opportunity to restart the economy and bring back lost prosperity.

Business Tactics and Economics
Among the biggest appeals of Trump’s suggested policy changes is tax reform. He wants to ensure that businesses are not unduly burdened, and he plans to enable tax cuts across the board for employers. This could obviously generate job and economic growth, but the major critics point out that the federal government cannot afford large revenue drops. That is the lynchpin of Trump’s appeal.
A business approach to running Washington could clear out excessive bureaucracy. The nation could operate on half its current budget if it was run as efficiently as most major businesses, and Trump has exactly the background and experience to push the government in that direction.

Traditional partisan politicians tend to be more interested in upholding the party. Trump isn’t afraid to criticize his party for its weak areas, and he represents a believable promise to overhaul dated thinking and approaches that have stagnated our government and led to historic numbers of shutdowns.

Education
Everyone agrees that education needs reform, and Trump is no exception. The major difference is that he is aware of just what a burden “free” college for everyone really is.

Hillary’s promise represents trillions of dollars in additional spending, and she has made it very clear that the money will come from businesses. While she promises that only the super-rich will be taxed, her claims are a naive and impossible.

The truth is that businesses are taxed much more heavily than individuals. A small business could bring in millions of dollars in revenue while the owners see less than a six-figure income as a result.

The taxes Hillary has proposed will hit those small businesses and virtually bankrupt them. Trump, with his actual experience in business and working with ineffective tax policies has the working knowledge necessary to avoid these pitfalls. The most experienced practitioners of business in the country resoundingly agree with him.

Immigration
Finally, we come to immigration. This has been the easiest and boldest point of attack for Trump critics. His no-tolerance policy towards unlawful immigration has been branded as xenophobia by a large group of people who clearly don’t own or run a business and who have not had to face the negative consequences of illegal immigration.

Simply put, the exploited cheap labor offered by illegal immigrants creates a resource drain on all of the upstanding businesses that refuse to deal under the table. Even though the businesses engaging in these unlawful practices are in the minority, they are still prevalent enough to stagger the success of the majority of businesses that are playing by the rules.

Immigration law has existed since the founding of the country. It isn’t here to stop immigration. It exists to make sure people are properly counted.

Trump hasn’t actually proposed a major change to any immigration law. He has simply proposed that we actually enforce the laws already there. Doing so evens the playing field for businesses across the country, and it relieves some of the tax burden that they are unduly shouldering. Regards, Ethan Warrick Editor Wealth Authority



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