| Where the candidates stand on the biggest issues for entrepreneurs |
| | Good morning,
With four days to go until November 3, it’s vital to take the time to consider where each candidate stands on the major issues--from taxes and Big Tech to the coronavirus response and the economy.
Take, for example, health care. A second term for Donald Trump might spell doom for the Affordable Care Act--and losing the ACA could pose unexpected consequences for small businesses nationwide. Nullifying the law could trigger “chaos in the insurance markets,” Robert Litan, a nonresident senior fellow at the Brookings Institution, a nonpartisan think tank in Washington, D.C., tells Inc. Such instability would likely hit employers of all stripes, regardless of the system implemented to replace the ACA.
And a lot is riding on the election outcome when it comes to the taxes you pay. If elected, Democratic nominee Joe Biden would likely rework some of the rates from the Trump administration’s Tax Cuts and Jobs Act of 2017, which mounted significant changes to the U.S. tax code. Biden’s platform also calls for a new corporate minimum tax of 15 percent on book profits of more than $100 million.
There’s a lot of information to parse--but we’ve got you covered. Check out our 2020 election guide to learn how Trump and Biden compare on the biggest policy issues for you, and use it to help inform your voting decisions. |
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