Economic Growth
Creating a business-friendly environment that promotes innovation, reduces unnecessary regulations, and enables entrepreneurs to thrive.
The Problem
America's economic potential is being held back by excessive regulations, an overly complex tax code, and policies that discourage entrepreneurship and innovation.
Small businesses face too many barriers to entry and growth, while large corporations benefit from loopholes and special interests in the current system.
Our Vision
We envision an American economy where innovation thrives, small businesses can grow without unnecessary barriers, and all Americans have the opportunity to participate in economic prosperity.
Our approach combines free market principles with targeted reforms to create a level playing field and unleash American ingenuity and entrepreneurship.
Key Initiatives
Regulatory Reform
Implement a "one-in, two-out" policy for new regulations, requiring the removal of two outdated or unnecessary regulations for every new one added. Create a comprehensive review of existing regulations with a focus on eliminating those that create barriers to market entry and innovation.
Tax Code Simplification
Replace the current complex tax code with a simpler, flatter system that closes loopholes while reducing compliance costs for individuals and businesses. Implement a territorial tax system that keeps American businesses competitive globally.
Entrepreneurship Incentives
Create targeted incentives for startups and small businesses, including accelerated depreciation for capital investments, R&D tax credits, and simplified reporting requirements for businesses under a certain size.
Workforce Development
Invest in education and training programs that prepare Americans for the jobs of the future. Partner with private industry to create apprenticeship programs and continuing education opportunities that address skills gaps in the economy.
Trade Policy
Pursue fair trade agreements that protect American intellectual property, open new markets for American goods and services, and maintain high standards for labor and environmental practices.
Expected Outcomes
- •Increased business formation rates and entrepreneurship
- •Higher productivity and wage growth across the economy
- •Reduced compliance costs for businesses of all sizes
- •More innovation and faster adoption of new technologies
- •A more competitive position for American companies in global markets