Growing up the son of a single mother, mired in poverty in North Charleston, South Carolina, I didn’t know if opportunity would ever come knocking. Thankfully, by the grace of God, my mother’s love, and some hard work, I learned to go knock on opportunity’s door instead. While poverty touches people from diverse backgrounds, people who look like me are far more likely to feel its impact.
This targeted relief, or cutting of red tape, enables businesses to invest in growth rather than burdensome regulatory compliance – which is particularly important for businesses that don’t have an army of lawyers on the payroll. And frankly, it’s not just about raising capital. We need policies and programs that create new avenues for hardworking Americans to invest in their local communities.