--- title: "Meaning & Key Takeaway of: The American economy is driven by small…" description: "\"The American economy is driven by small business. And there's nothing basically to create incentives for small businesses. We've done no tax reform. Th..." image: "https://sms4smile.com/quotes/i/d3c/ed-rollins-34176_american-economy_the-american-economy-is-driven-by-small_1424490.png" --- # The American economy is driven by small business. And… ![“The American economy is driven by small business. And there's nothing basically to create incentives for small businesses. We've done no tax reform. They're the highest-taxed group in the country. And corporations can go anywhere they want and do whatever they want. Small businesses have to stay...” quote by Ed Rollins](https://sms4smile.com/quotes/i/d3c/ed-rollins-34176_american-economy_the-american-economy-is-driven-by-small_1424490.png) [Download](https://sms4smile.com/quotes/i/d3c/ed-rollins-34176_american-economy_the-american-economy-is-driven-by-small_1424490.png) [Open image](https://sms4smile.com/quotes/i/d3c/ed-rollins-34176_american-economy_the-american-economy-is-driven-by-small_1424490.png) > “The American economy is driven by small business. And there's nothing basically to create incentives for small businesses. We've done no tax reform. They're the highest-taxed group in the country. And corporations can go anywhere they want and do whatever they want. Small businesses have to stay...” [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Criticizes lack of tax reform and high taxes on small businesses while corporations face fewer restrictions **In simple terms:** Small businesses suffer from high taxes and lack of incentives compared to corporations Key Takeaway Advocate for tax reform supporting small enterprises Themes economics tax policy small business corporate power Mood critical concerned Type political analytical When to use this quote - policy making - business planning - advocacy Key Concepts tax equity regulatory disparity Questions to Reflect On - What policies could balance corporate and small business needs? - How can tax reform be fair to all stakeholders? A Different Perspective Corporations may also benefit from tax changes, complicating simple solutions ★ ★ ★ ★ ★ No ratings yet [American economy](https://sms4smile.com/quotes/about/american-economy/) [Business](https://sms4smile.com/quotes/about/business/) [Corporations](https://sms4smile.com/quotes/about/corporations/) [Country](https://sms4smile.com/quotes/about/country/) [Driven](https://sms4smile.com/quotes/about/driven/) [Economy](https://sms4smile.com/quotes/about/economy/) [Incentives](https://sms4smile.com/quotes/about/incentives/) [Reform](https://sms4smile.com/quotes/about/reform/) [Small business](https://sms4smile.com/quotes/about/small-business/) [Small businesses](https://sms4smile.com/quotes/about/small-businesses/) [Tax reform](https://sms4smile.com/quotes/about/tax-reform/) [Taxes](https://sms4smile.com/quotes/about/taxes/) ## Related quotes > [The American economy has always been driven by the entrepreneurial nature of its citizens, and blocking access to affordable health care will only suffocate…](https://sms4smile.com/quotes/paul-gillmor/the-american-economy-has-always-been-driven-by-the-entrepreneurial/) [Paul Gillmor](https://sms4smile.com/quotes/author/paul-gillmor/) > [Lets take away the incentives to do 'to' patients and instead create incentives to do 'for' patients, to be 'with' patients. We don't need…](https://sms4smile.com/quotes/abraham-verghese/lets-take-away-the-incentives-to-do-to-patients-and-instead-create/) [Abraham Verghese](https://sms4smile.com/quotes/author/abraham-verghese/) > [Instead of worrying about who's American and who's not, here's a better idea: Create incentives for any global company to do what we'd like…](https://sms4smile.com/quotes/robert-reich/instead-of-worrying-about-who-s-american-and-who-s-not-here-s-a/) [Robert Reich](https://sms4smile.com/quotes/author/robert-reich/) > [President Trump's record of tax reform and deregulation powered the American economy to the fastest real wage increases in a generation.](https://sms4smile.com/quotes/scott-bessent/president-trump-s-record-of-tax-reform-and-deregulation-powered-the/) [Scott Bessent](https://sms4smile.com/quotes/author/scott-bessent/) > [We need to have the growth. If we simply look at this as being deficit-neutral, you're never going to get the type of tax…](https://sms4smile.com/quotes/mick-mulvaney/we-need-to-have-the-growth-if-we-simply-look-at-this-as-being-deficit/) [Mick Mulvaney](https://sms4smile.com/quotes/author/mick-mulvaney/) > [“the Creative Economy is driven by the logic that seeks to fully harness—and no longer waste—human resources and talent.”](https://sms4smile.com/quotes/richard-florida/the-creative-economy-is-driven-by-the-logic-that-seeks-to-fully/) [Richard Florida](https://sms4smile.com/quotes/author/richard-florida/) > [The economy is after all driven by people. No matter how dire the situation may be, as long as people are firm, a turnaround,…](https://sms4smile.com/quotes/daisaku-ikeda/the-economy-is-after-all-driven-by-people-no-matter-how-dire-the/) [Daisaku Ikeda](https://sms4smile.com/quotes/author/daisaku-ikeda/) > [We can lift standards of living for working families in this country. We can help small businesses create jobs. And we can have a…](https://sms4smile.com/quotes/susan-collins/we-can-lift-standards-of-living-for-working-families-in-this-country/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [Small business in America is what fuels the American economy. We need more small business to assist us in creating a great nation and…](https://sms4smile.com/quotes/debbi-fields/small-business-in-america-is-what-fuels-the-american-economy-we-need/) [Debbi Fields](https://sms4smile.com/quotes/author/debbi-fields/) > [Small businesses are the backbone of the American economy and employ almost half of the working population. Yet because of their size, they rarely…](https://sms4smile.com/quotes/dan-lipinski/small-businesses-are-the-backbone-of-the-american-economy-and-employ/) [Dan Lipinski](https://sms4smile.com/quotes/author/dan-lipinski/) > [What we see today is an American economy that has boomed because of policies and developments of the 1950s and '60s: the interstate-highway system,…](https://sms4smile.com/quotes/fareed-zakaria/what-we-see-today-is-an-american-economy-that-has-boomed-because-of/) [Fareed Zakaria](https://sms4smile.com/quotes/author/fareed-zakaria/) > [As homeowners see the value of their homes decline, they become more likely to delay purchases of the big items - like automobiles, electronics…](https://sms4smile.com/quotes/charles-duhigg/as-homeowners-see-the-value-of-their-homes-decline-they-become-more/) [Charles Duhigg](https://sms4smile.com/quotes/author/charles-duhigg/) > [We have the most flexible and adaptive economy. Making sure we sustain the ability of the American economy to perform well is really the…](https://sms4smile.com/quotes/john-w-snow/we-have-the-most-flexible-and-adaptive-economy-making-sure-we-sustain/) [John W. Snow](https://sms4smile.com/quotes/author/john-w-snow/) > [The rate of growth of the management skills of any country is inversely proportional to the number of MBAs. Germany produces no MBAs, but…](https://sms4smile.com/quotes/jairam-ramesh/the-rate-of-growth-of-the-management-skills-of-any-country-is/) [Jairam Ramesh](https://sms4smile.com/quotes/author/jairam-ramesh/) > [Will not collect a ransom in exchange for not crashing the American economy.](https://sms4smile.com/quotes/barack-obama/will-not-collect-a-ransom-in-exchange-for-not-crashing-the-american/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) ## More by Ed Rollins > [One of the reasons a strategist never sits in a stadium and gets caught up in the crowds - and never sits watching a…](https://sms4smile.com/quotes/ed-rollins/one-of-the-reasons-a-strategist-never-sits-in-a-stadium-and-gets/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [The Republican Party, which John McCain led as our nominee in 2008, is going to become irrelevant if we become the party of intolerance…](https://sms4smile.com/quotes/ed-rollins/the-republican-party-which-john-mccain-led-as-our-nominee-in-2008-is/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [I believe in sometimes getting mad and always getting even.](https://sms4smile.com/quotes/ed-rollins/i-believe-in-sometimes-getting-mad-and-always-getting-even/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [By the time you get to year six, there's never a break . . . and you get tired. There's always a crisis. It…](https://sms4smile.com/quotes/ed-rollins/by-the-time-you-get-to-year-six-there-s-never-a-break-and-you-get/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [I think to a certain extent, Clinton may have expected as the senior president that Obama would've reached out to him and asked for…](https://sms4smile.com/quotes/ed-rollins/i-think-to-a-certain-extent-clinton-may-have-expected-as-the-senior/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [I have been a practitioner of tough politics for many decades. There is little that amazes me and even less that shocks me.](https://sms4smile.com/quotes/ed-rollins/i-have-been-a-practitioner-of-tough-politics-for-many-decades-there/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [I am not predicting here that Obama will fail like Jimmy Carter. What I am predicting is the Republican Party is not extinct and…](https://sms4smile.com/quotes/ed-rollins/i-am-not-predicting-here-that-obama-will-fail-like-jimmy-carter-what/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [What we won't become is a 'Democratic Party lite!' We are a party that wants smaller government and lower taxes. Obama and the Democrats…](https://sms4smile.com/quotes/ed-rollins/what-we-won-t-become-is-a-democratic-party-lite-we-are-a-party-that/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [I became a Republican in the summer of 1972. I was involved in running President Nixon's re-election campaign in California and became part of…](https://sms4smile.com/quotes/ed-rollins/i-became-a-republican-in-the-summer-of-1972-i-was-involved-in-running/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [When the Republicans controlled the House from 1994 -2006, Democrats like Nancy Pelosi, Barney Frank, Henry Waxman Charlie Rangel, John Conyers and Rahm Emanuel…](https://sms4smile.com/quotes/ed-rollins/when-the-republicans-controlled-the-house-from-1994-2006-democrats/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [There's no smarter politician out there than Bill Clinton.](https://sms4smile.com/quotes/ed-rollins/there-s-no-smarter-politician-out-there-than-bill-clinton/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [Television is such a staple of modern society that for most voters, it's not real unless it's on the tube.](https://sms4smile.com/quotes/ed-rollins/television-is-such-a-staple-of-modern-society-that-for-most-voters-it/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) > [Everybody in this race is against Obama, okay? So saying you're against Obama, against Obamacare, all the rest, it's all fine, well and good,…](https://sms4smile.com/quotes/ed-rollins/everybody-in-this-race-is-against-obama-okay-so-saying-you-re-against/) [Ed Rollins](https://sms4smile.com/quotes/author/ed-rollins/) [Explore all 14 Ed Rollins quotes ](https://sms4smile.com/quotes/author/ed-rollins/) ## More American economy quotes > [Small businesses are the backbone of the American economy and employ almost half of the working population. Yet because of their size, they rarely…](https://sms4smile.com/quotes/dan-lipinski/small-businesses-are-the-backbone-of-the-american-economy-and-employ/) [Dan Lipinski](https://sms4smile.com/quotes/author/dan-lipinski/) > [Will not collect a ransom in exchange for not crashing the American economy.](https://sms4smile.com/quotes/barack-obama/will-not-collect-a-ransom-in-exchange-for-not-crashing-the-american/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The rate of growth of the management skills of any country is inversely proportional to the number of MBAs. Germany produces no MBAs, but…](https://sms4smile.com/quotes/jairam-ramesh/the-rate-of-growth-of-the-management-skills-of-any-country-is/) [Jairam Ramesh](https://sms4smile.com/quotes/author/jairam-ramesh/) > [We have the most flexible and adaptive economy. Making sure we sustain the ability of the American economy to perform well is really the…](https://sms4smile.com/quotes/john-w-snow/we-have-the-most-flexible-and-adaptive-economy-making-sure-we-sustain/) [John W. Snow](https://sms4smile.com/quotes/author/john-w-snow/) > [As homeowners see the value of their homes decline, they become more likely to delay purchases of the big items - like automobiles, electronics…](https://sms4smile.com/quotes/charles-duhigg/as-homeowners-see-the-value-of-their-homes-decline-they-become-more/) [Charles Duhigg](https://sms4smile.com/quotes/author/charles-duhigg/) > [What we see today is an American economy that has boomed because of policies and developments of the 1950s and '60s: the interstate-highway system,…](https://sms4smile.com/quotes/fareed-zakaria/what-we-see-today-is-an-american-economy-that-has-boomed-because-of/) [Fareed Zakaria](https://sms4smile.com/quotes/author/fareed-zakaria/) > [Small business in America is what fuels the American economy. We need more small business to assist us in creating a great nation and…](https://sms4smile.com/quotes/debbi-fields/small-business-in-america-is-what-fuels-the-american-economy-we-need/) [Debbi Fields](https://sms4smile.com/quotes/author/debbi-fields/) > [One wonders whether the Obama re-election campaign may be on the right track as it seeks to apply the you-break-it-you-own-it rule to Bush and…](https://sms4smile.com/quotes/jon-meacham/one-wonders-whether-the-obama-re-election-campaign-may-be-on-the/) [Jon Meacham](https://sms4smile.com/quotes/author/jon-meacham/) > [The notion that big business and big labor and big government can sit down around a table somewhere and work out the direction of…](https://sms4smile.com/quotes/bruce-babbitt/the-notion-that-big-business-and-big-labor-and-big-government-can-sit/) [Bruce Babbitt](https://sms4smile.com/quotes/author/bruce-babbitt/) > [I do agree that the science is not settled on this. The idea that we would put American's economy at jeopardy based on scientific…](https://sms4smile.com/quotes/rick-perry/i-do-agree-that-the-science-is-not-settled-on-this-the-idea-that-we/) [Rick Perry](https://sms4smile.com/quotes/author/rick-perry/) > [“The problem was not that Americans spent beyond their means but that their means had not kept up with what the larger economy could…](https://sms4smile.com/quotes/robert-b-reich/the-problem-was-not-that-americans-spent-beyond-their-means-but-that/) [Robert B. Reich](https://sms4smile.com/quotes/author/robert-b-reich/) > [Donald Trump has a grand direction. He doesn't have a grand strategy. He wants to re-establish American authority and power and to relaunch the…](https://sms4smile.com/quotes/newt-gingrich/donald-trump-has-a-grand-direction-he-doesn-t-have-a-grand-strategy/) [Newt Gingrich](https://sms4smile.com/quotes/author/newt-gingrich/) > [When Reagan left office, he was the most unpopular living president, apart from Nixon, even below Carter. If you look at his years in…](https://sms4smile.com/quotes/noam-chomsky/when-reagan-left-office-he-was-the-most-unpopular-living-president/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [When you work in the White House you talk to the White House staff all day, so you're talking to the guy who handles…](https://sms4smile.com/quotes/elliott-abrams/when-you-work-in-the-white-house-you-talk-to-the-white-house-staff/) [Elliott Abrams](https://sms4smile.com/quotes/author/elliott-abrams/) > [Technology policy - whether we should have one and what form such a policy should take - was a core issue of the 1992…](https://sms4smile.com/quotes/lewis-m-branscomb/technology-policy-whether-we-should-have-one-and-what-form-such-a/) [Lewis M. Branscomb](https://sms4smile.com/quotes/author/lewis-m-branscomb/) [Browse all 111 American economy quotes ](https://sms4smile.com/quotes/about/american-economy/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The American economy is driven by small business. And there's nothing basically to create incentives for small businesses. We've done no tax reform. They're the highest-taxed group in the country. And corporations can go anywhere they want and do whatever they want. 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