Main Street Small Business & Tax Fairness Act
Help for Main Street, not Wall Street. This law gives tax credits to small businesses, farms, and ranches. It helps working families in high-cost rural areas. It closes tax loopholes that only help the ultra-wealthy and big multinational companies. The money saved pays down our national debt and protects Social Security and Medicare.
๐ฏ What This Act Does
Supporting small businesses while making taxes fairer for everyone
Main Street Gets Help
20% tax credit for fixing up storefronts, adding wheelchair access, and saving energy in downtown businesses. Up to $40,000 per business. Keep our small towns alive.
Small Business Loans
$20 million for low-interest loans to small businesses in rural areas. Faster processing and lower fees for Main Street businesses through SBA programs.
Farm and Ranch Support
Grants up to $25,000 for energy-saving equipment on farms and ranches. Tax credits up to 35% for wineries, breweries, and food processors to go green.
Close Tax Loopholes
Make Wall Street pay their fair share. End special tax breaks for hedge fund managers. Stop big companies from hiding profits overseas. $30-60 billion per year to pay down debt.
๐ฐ Tax Credits for Small Businesses
Real money back for Main Street businesses, farms, and ranches
Main Street Tax Credit
20% credit for fixing up your storefront, adding wheelchair ramps, saving energy, or preserving historic buildings in downtown areas. Up to $40,000 per year.
Wage Increase Credit
Small businesses in rural areas get 10% credit on wage increases they give workers. Up to $4,000 per business per year. Reward good employers.
Health Benefit Credit
Small businesses offering health insurance for the first time get 10% credit on costs. Up to $8,000 per year. Help workers get covered.
Small Producer Equipment Credit
Wineries, breweries, and food processors get tax credits for green equipment. 15-35% based on how much energy you save. Up to $400,000 per year.
Farm Energy Micro-Grants
$5,000 to $25,000 grants for LED lights, efficient fridges, solar panels up to 50 kW, and smart irrigation. Only 10% match required.
Regional Family Credit
Families in high-cost rural areas get 10% bonus on Child Tax Credit and Earned Income Tax Credit. Up to $1,500 extra per family.
๐ Cost-of-Living Relief for Rural Families
Extra help for working families in expensive rural and coastal areas
Enhanced Child Tax Credit
10% boost to your Child Tax Credit if you live in a designated high-cost rural region. Automatically added to your regular credit.
Enhanced EITC
10% boost to your Earned Income Tax Credit if you work and live in a high-cost rural area. More money for working families.
Regional Work Credit
4% of earned income up to $50,000 for workers with long commutes. Up to $2,000 per worker per year. Help with gas and time.
Designated Regions
Marin, Humboldt, Shasta, Trinity, Del Norte, Mendocino, Siskiyou, Modoc Counties in California. Plus similar areas in Oregon and Washington.
๐พ Farm, Ranch & Winery Support
Helping small agricultural businesses save money and go green
Energy Micro-Grants
$5,000 to $25,000 for LED lighting, efficient refrigeration, solar panels up to 50 kW, water recovery systems, and soil sensors. Only 10% match required.
Equipment Tax Credits
Tiered credits based on energy savings: 15% for 10% improvement, 25% for 25% improvement, 35% for Net Zero. Up to $400,000 per year.
Eligible Equipment
High-efficiency fermentation systems, refrigeration, wastewater recycling, renewable-powered processing, and electric material-handling equipment.
Who Qualifies
Ranches, farms, wineries, breweries, and food processors with under 50 employees or less than $25 million in sales. Family businesses first.
๐ท How This Helps Workers
More jobs, better wages, and workforce training for rural communities
๐ Workforce Training Grants
$25 million per year for job training in rural counties. Priority for wildfire work, renewable energy, healthcare, and advanced manufacturing. Real skills for good jobs.
$150M Over 6 Years๐ Community College Partnerships
Grants to rural community colleges for certificate and degree programs in growing fields. Get trained close to home for local jobs.
Local Training๐ฅพ Outdoor Recreation Jobs
$40 million per year for trails, campgrounds, visitor centers, and river access on rural and Tribal lands. Tourism creates local jobs.
$240M Over 6 Years๐ต Wage Boost Rewards
Small employers who raise wages get tax credits. Workers get better pay, businesses get help paying for it. Everyone wins.
10% Credit on Raises๐ฆ Where the Money Goes
Dedicated funds for debt reduction and regional resilience
National Solvency Trust Fund
Most of the closed loophole money goes here. ONLY for paying down national debt or protecting Social Security and Medicare. No new spending.
North Coast Resilience Fund
20% of closed loophole money for wildfire prevention, forest health, salmon restoration, and rural health clinics in designated regions.
Healthcare & Workforce
Some multinational tax revenue goes to healthcare security and worker retraining. Help communities adapt to changing economies.
โ๏ธ Making Taxes Fair
Close loopholes for the ultra-wealthy, cut debt for everyone
Carried Interest Reform
Hedge fund managers pay normal income tax rates on their fees โ not lower "investor" rates. They're workers, not investors.
Multinational Minimum Tax
Big companies with $750+ million in revenue pay at least 18% on U.S. profits. No more hiding money overseas.
Ultra-Wealthy Surtax
People with over $100 million in assets pay 8% extra on capital gains over $1 million. ONLY when they sell โ not on paper gains.
Privacy Protected
Self-reporting only. No IRS agents going door-to-door. Safe harbor for honest mistakes. No tax on unrealized gains.
Pay Down the Debt
$310-620 billion over 10 years goes to debt reduction and protecting Social Security and Medicare. Not new spending.
Small Business Protected
These taxes don't touch small businesses, family farms, or regular workers. Only hedge funds, multinationals, and the ultra-wealthy.
Built for Fiscal Responsibility
Massively debt-reducing with built-in accountability
Help Main Street, Not Wall Street
This law proves we can support small businesses, help working families, and pay down our debt all at the same time. The answer isn't cutting programs that help people โ it's closing loopholes that only help the ultra-wealthy. Fair taxes for everyone, real help for rural communities.