Economic Development & Innovation

Large corporations exploit loopholes that let them pay lower tax rates than many small business owners — no bakery in Totowa or first-time entrepreneur in Maplewood should ever pay a higher effective rate than Amazon.
He will fight to close those loopholes and create a fair tax system that rewards real innovation and hard work, not corporate accounting tricks.
Too many start-ups are denied loans because they lack connections, especially minority-owned, women-owned, immigrant-owned, and first-generation businesses that are underserved by big banks.
He will push to expand SBA loans, raise microloan caps, speed up applications, and provide multilingual resources so entrepreneurs can start and grow their businesses.
He will support bipartisan efforts to cap excessive payment-processing fees and increase competition to reduce costs for small businesses.
He will work closely with state and local leaders to target grants, align federal programs with community needs, and invest in the infrastructure that allows New Jersey’s small businesses to grow, hire, and compete.

Brendan values small businesses and will fight for them. Large corporations exploit loopholes that let them pay lower tax rates than many small business owners — no bakery in Totowa or first-time entrepreneur in Maplewood should ever pay a higher effective rate than Amazon. Brendan will advocate to close those loopholes and create a fair tax system that rewards real innovation and hard work, not corporate accounting tricks. Too many start-ups are denied loans because they lack connections, especially minority-owned, women-owned, immigrant-owned, and first-generation businesses that are underserved by big banks. To give small business owners a fair chance, he will push to expand SBA loans, raise microloan caps, speed up applications, and provide multilingual resources. He will support bipartisan efforts to cap excessive payment-processing fees and increase competition, reducing costs for small businesses. Brendan will work closely with state and local leaders to target grants, align federal programs with community needs, and invest in the infrastructure that allows New Jersey’s small businesses to grow, hire, and compete.