Trump Marks National Entrepreneurship Month: Over 1,500 Regulations Cut, Saving Americans More Than $1.5 Trillion
The White House released President Donald J. Trump's message on National Entrepreneurship Month on November 12. Trump said that for over 250 years American entrepreneurs have laid the foundation for the nation's rise as an economic powerhouse, and that the month recognizes the patriotic innovators whose drive and vision created the strongest business economy the world has ever seen.
The message calls entrepreneurs the heart of the nation. Through the Working Families Tax Cuts Act, the administration made the Small Business Tax Deduction permanent, secured no taxes on tips and overtime, and delivered historic tax cuts to working families across the country.
On deregulation, Trump said that in his first weeks back in office he signed the Unleashing Prosperity Through Deregulation Executive Order, directing federal agencies to repeal ten old regulations for every new one issued. His administration has far surpassed that goal, cutting over 1,500 regulations and saving Americans over $1.5 trillion. That was followed by the Reducing Anti-Competitive Regulatory Barriers Executive Order, which roots out obstacles that smother competition, innovation, and the formation of new businesses.
Trump said he remains committed to keeping America the greatest place in the world to start and grow a business, and that his administration will continue reducing regulatory burdens, combating unfair foreign trade practices, and ensuring entrepreneurs have the freedom to make decisions that enhance their products and services. (Source: The White House)
Source: The White House
Published by GSM · USA (original Chinese edition)
Photo: 图：位于华盛顿特区的白宫（联邦固定图库）。 / Photo: The White House in Washington, D.C. (federal asset library).
