• This 1 Move by the Trump Administration Is Boosting My Small Business

    This 1 Move by the Trump Administration Is Boosting My Small Business

    It’s been a banner year for small businesses, and this week was no exception. Small business confidence has now reached its highest level on record.

    Economic growth in the most recent quarter exceeded 4 percent. Wages are rising at their fastest pace in a decade, giving Americans more disposable income to spend on Main Street. Retail sales have smashed expectations, and consumer sentiment is also touching all-time highs.

    Where is this growth coming from?

    One could list multiple factors, but a big one is the tax reform passed late last year. In that reform, small businesses like mine received a new 20 percent tax deduction, allowing us to protect one-fifth of our earnings from taxes—money that can be used to expand, invest, hire, and raise wages. This small business tax relief was long overdue. READ MORE...