Which Candidate’s Tax Plan is Better for Small Businesses? Here’s What You Need to Know.

Opinions expressed by Entrepreneur contributors are their own.

The election promises to bring more tax ramifications than any other election in recent history.

It presents an opportunity to rethink the tax code, potentially making it more pro-growth by moving away from income-based taxes towards consumption-based models. Such reforms could increase savings and capital investment, fostering a more robust economy.

Yet, some politicians appear to be weaponizing tax policies against entrepreneurs and the wealthy, reflecting a growing populism that views inequality and success as problems to be solved through higher taxes.

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