Small business

Hillary Clinton will be the small business president.

“When my dad ran his small printing business, he printed drapery fabrics in Chicago. It put food on the table; it gave us a good, solid middle-class home and lifestyle. And I don’t think it’s old-fashioned to say that’s what I want for every family that wants to work for that here in our country today.”

HILLARY, MAY 22, 2015

A president for small business

Small businesses all over the country are ready to grow and hire, and entrepreneurs are ready to venture out on their own—if they can just get that next loan, enter a new market, or have one fewer form to fill out.

Here’s how Hillary will make it easier to start and grow a small business in America:

•Cutting red tape. Hillary will launch a nationwide effort to cut red tape for small businesses at every level of government. It shouldn’t take longer to start a small business in the United States than it does in Canada, France, or South Korea.

•Providing tax relief. America’s smallest businesses—those with 1–5 employees—spend 150 hours and $1,100 per employee to comply with federal taxes. That’s more than 20 times higher than the average for larger firms. Hillary will simplify tax filing and provide targeted tax relief for small businesses—not big corporations that can afford lawyers and lobbyists.

•Tapping new markets. Every small business across America should be able to enter new markets—whether they’re across town or across the world. Some American businesses—like Etsy and eBay—are already doing this through innovative new platforms that let them sell anywhere in America and the world. Hillary will encourage this kind of innovation.

•Improving access to capital. Hillary will leverage the best ideas from the private sector and government to give small-business owners access to financing to build, grow, and hire. And she will do that in part by easing burdens on community banks that provide credit to small-business owners and families looking to invest in their futures—without compromising protections for consumers or introducing new risks into the financial system. The big banks don’t need relief from Washington—small banks and small businesses do.