Tax Fairness and Clarity Will Help Usher in a Golden Age of American Entrepreneurship
America’s entrepreneurs are resilient. They’ve endured inflationary headwinds, persistent labor shortages, tighter capital conditions and new regulatory burdens. Yet business owners and their teams have continued to find paths and use new technologies to innovate and anchor local economies in every corner of our nation. Now, with favorable tax and regulatory policies being delivered by President Trump and Congress, entrepreneurial innovation has the potential to be unleashed in unimaginable ways.
With his signing of the One Big Beautiful Bill, President Trump has delivered significant tax relief and certainty that will help to fuel entrepreneurship and small business growth. However, an insidious barrier continues to undermine the entrepreneurial spirit, and it needs to be fixed: tax enforcement uncertainty.