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In 1994, the vows “for the richer, for the poorer” had a whole new meaning. My beautiful new bride was ready to risk everything with me to start my own business. We were only 45 days since we were losing everything when we advocated the wedding, sold what we were left and founded Dunwoody Diamonds USA llc.
It’s been 30 years since we founded our job and fulfilled our American dream. My story is a successful story, but I faced many challenges and took the risk that every owner of a small company is known. There were cases where we earned millions just to lose millions, and sometimes we were simply trying to keep the lights. For the past four years, Joe Biden have been particularly challenging. The excessive government of Biden unnecessarily has put the sustainability and sustainability of small businesses, especially companies owned by minorities.
This is already challenging enough for a small business In order to open their doors during traffic tax control, property tax, salary taxes, work taxes – the list continues. But the Government of Joe Biden exceeded additionally strangled small businesses with escalated and excess regulations. During the last months of the Biden Presidency, Joe Biden has caused US owners of small businesses, trying to implement the so -called “corporate transparency law”. The law demanded that tens of millions of companies complete the newly created “useful ownership data” (Boi) reports to the Federal Government or risk fines up to $ 591 daily or even prison. This was just another superfluous regulation to prevent a small company from overthrowing from the field.
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Biden’s requests for BOI reporting have been applied to almost 33 million companies, and the deadline for deadlines could result in a fine of almost $ 600 a day or criminal sentences up to $ 10,000. Already devastated by Bidenomics, many companies owners could not afford to have thousands of money in cash for missing deadlines on excess fees. The American dream looked dark because of Biden’s excessive regulations and regulations.
Small business owners – just another fee from closing – they were eagerly waiting President Trump Return to the office. And on the first day, President Trump began to fulfill his promise that he would put America first, revive the backbone of the American economy and eliminate the regulations of killing business.
President Trump uses his executive body to quickly renew optimism to owners of small businesses. According to President Trump’s directive, the treasury announced the suspension of the beneficial information on ownership (boi), which means that no fine or punishment related to Biden’s regulations on the killing of business will not be carried out.
Scott Besent Treasury Secretary said it was the best: this is The victory of health for owners of small businesses across the country. President Trump goes on the line to ensure that every pointless and loaded regulation is reverse. Instead of loading US Small Companies with Boi Report, the treasury will consider the rules that will only pay extra attention to foreign reporting companies. The protection of small businesses, not punishing them. The suspension of this reporting request was to win small companies across the country, but in the next four years many more win came.
In an unforgettable address to the Congress of President Trump, he reaffirmed his commitment to defending and empowers US small businesses. Ever since he assumed his post, President Trump has signed an executive order that requires the Federal Agency to reduce 10 existing regulations for each new created regulations.
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President Trump also revealed a huge excessive expansion of the IRS, which took place under the management of Biden to target small businesses and abolish each of the bidet administration, killing pro-kine, anti-American energy regulations that mutilate small businesses.
For brick and mortar companiesBide’s energy regulations have been set up to make the basic cost of holding the door even more expensive. If other intact, companies would spend $ 1,100 more on air conditioners, $ 2800 more on gas heaters and $ 140 in bulbs. President Trump immediately sent his energy department to stop these burdensome regulations to take effect.
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The promise of President Trump to bring reciprocal tariffs equates a playground for US companies and bringing historical investments and jobs to the United States. A report on the February jobs revealed that 10,000 jobs were created last month. The private sector is now running job growth, creating over 150,000 new jobs.
As one of the world’s most successful business tycoons, President Trump knows exactly what is necessary for America to get rich again. President Trump is not only my great friend, but also a great friend for small businesses. His powerful and convincing vision of America is the one that pulls out the government, releases the American spirit and renews the American dream.
