Small business owners built the American Dream. Democrats want to take it from you
This Fox News opinion piece, written by a Republican member of Congress who chairs the House Committee on Small Business, argues that Democratic policies in cities such as New York and Los Angeles harm small business owners by using taxpayer money to fund government-backed competitors and by imposing costly labour mandates. The author cites a lawsuit brought by New York small business owners against Mayor Mamdani's administration over taxpayer-funded supermarkets as an example of what they call "socialism on Main Street," contrasting this with Republican-backed tax cuts and deregulation.
The piece credits Republican policies, including the permanent 20% small business tax deduction, full expensing for equipment, and the ending of taxes on tips and overtime, with boosting small business optimism and hiring. It claims 8 million small business owners save an average of $4,600 annually, and that 578,926 new business applications were filed in July alone. By contrast, it blames Los Angeles's phased-in $30 hourly wage for hospitality workers for roughly 650 job losses, and New York's delivery-pay mandate for cutting active delivery workers by nearly 28,000 while raising order fees by 72%, pointing to Texas's addition of 165,600 jobs as evidence that Republican-led states fare better economically.
- Republican lawmaker argues Democratic policies harm small businesses
- Cites NY lawsuit over taxpayer-funded supermarkets competing with private shops
- Credits GOP tax cuts, blames LA/NY wage and pay mandates for job losses