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A
standard tax deduction would allow small business owners to
easily obtain tax relief without filing additional forms that
document equipment and transportation costs, Clinton's campaign
said.
Clinton would also expand healthcare tax credits in the
Affordable Care Act for small businesses that employ up to 50
workers and create new federal incentives for local and state
governments to streamline the business licensing process,
according to background provided by her campaign.
Since launching her campaign in April 2015, Clinton has said she
wants to be the "small business president" if she wins the Nov.
8 election against businessman Donald Trump, the Republican
nominee.
The proposals announced by Clinton's campaign on Tuesday fill in
details on how the Democratic nominee would fulfill promises to
improve access to financing and minimize regulatory burdens that
make it difficult to start small businesses.
"Way too many dreams die in the parking lots of banks," Clinton
said during her Democratic National Convention speech last month
on the hoops potential entrepreneurs must jump through to obtain
financing.
"In America, if you can dream it, you should be able to build
it," Clinton added when accepting the nomination.
Clinton's campaign said she also wants to guarantee that small
businesses with questions about U.S. government regulations
receive an answer within 24 hours.
Clinton's running mate, U.S. Senator Tim Kaine, will discuss the
new proposals during a Tuesday roundtable with small business
owners in Colorado, a battleground state. Clinton plans to hold
a Tuesday afternoon conference call for small business owners.
(Reporting by Amanda Becker; Editing by Andrew Hay
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