Joseph Robinette Biden

“ Alongside his American Jobs Plan, President Biden is releasing a Made in America Tax Plan that will help level the playing field between small businesses and large, multinational corporations. President Biden’s plan will reward investment at home and fundamentally shift how countries around the world tax corporations so that big corporations can’t escape or eliminate the taxes they owe by offshoring jobs and profits from the United States and pay a lower tax rate than small businesses. ”

“ The American Jobs Plan will create a national network of small business incubators and innovation hubs to ensure all Americans have a fair shot at starting and growing their own business. Encourage small businesses – especially underserved small businesses – to fully engage in the innovation economy. President Biden is calling on Congress to invest $5 billion in federal programs that empower small firms to participate in federal research and development initiatives that have the potential for commercialization. ”

“ Increase federal contracting opportunities for small businesses. From fixing highways and rebuilding bridges to upgrading Veterans Affairs medical centers and rehabilitating other federal buildings, the President’s plan will mobilize small contractors to meet the great challenges of our time. Launch a historic effort to empower small business creation and expansion in underserved communities. ”