Small Businesses Are Suffering. Elizabeth Warren Noticed
theatlantic | May 16, 2019
Elizabeth Warren has been talking a lot about small business, a constituency that hasn’t figured in Democratic Party politics in a long time. The Massachusetts senator and Democratic presidential candidate has sparred with Amazon over how the tech giant treats the businesses that rely on its platform to sell their goods. She’s unveiled a plan to put small businesses on a more equal footing by closing tax loopholes that allow “the very largest companies to pay a lower effective corporate tax rate than smaller companies.” She’s pledged to reverse consolidation in the banking industry on the grounds that the decline of local banks has “made it more difficult for small businesses and farms to get loans.”