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that is number five, champion small business. help small business. help entrepreneurs. help innovators. [ cheers and applause ] look, big businesses are able to accommodate in some cases all the regulations that get thrown on them because they have all the lawyers and the scale. they can even sometimes handle the big tax rate, highest taxes in the world on corporations here because they have businesses all over the world, big companies like ge as you saw, paid no tax a year or two ago. that s because of all the operations they have around the world. but if you re in a small business, if you re in a dry cleaning operation or starting a taxi business or you got a small software company, let me tell you, those regulations and those taxes are crushing the small business. the president wants to raise the tax on small business from 35% to 40%. that s the income tax. by the time you pay the state tax, which is just a little under 6% and then you pay sales tax and gasoline tax and real estate

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