Main Street Small Business & Tax Fairness Act
Help local shops. Support farmers. Make billionaires pay their fair share. Use the money to pay down America's debt. Everyone wins except tax cheaters.
🏪 What Does This Bill Do?
Wall Street gets tax breaks. Main Street doesn't. That's not fair! This bill flips the script: tax credits for small businesses and family farms, cost-of-living help for rural workers, and THREE loophole closures that make hedge fund managers, giant corporations, and billionaires pay their fair share. The extra money? It goes STRAIGHT to paying down America's $36 trillion debt. That's fairness in action.
🏛️ Four Big Parts
Main Street Help
Tax credits for small shops, priority SBA loans, 50% lower fees
Farm Efficiency
Energy micro-grants, equipment credits up to 40%
Tax Fairness
Close loopholes for hedge funds, mega-corps, billionaires
Debt Reduction
$305-615 BILLION to pay down national debt
🏪 Main Street Small Business Support
Small businesses employ HALF of all American workers. They deserve better than Wall Street leftovers!
SBA Priority
Fast-track loan processing for Main Street businesses
50% Lower Fees
Cut SBA guarantee fees in HALF
25% Tax Credit
For storefront improvements, up to $50,000/year
ADA Upgrades
Accessibility improvements covered
🌾 Agricultural Efficiency: Save Energy, Save Money
Farms, ranches, and wineries get micro-grants and tiered equipment credits based on energy savings.
Energy Micro-Grants
LED lighting, solar, efficient irrigation
Tier 1: Basic
ENERGY STAR equipment
Tier 2: Enhanced
15% better than ENERGY STAR
Tier 3: Premium
30% better than ENERGY STAR
💸 Cost-of-Living Relief for Rural Workers
Living in rural California costs MORE but pays LESS. These credits help working families stretch their dollars.
📈 CTC/EITC Boost
Up to $2,000 extra per return for families in designated high-cost regions.
🚗 North State Work Credit
For workers in high-commute counties like Marin, Humboldt, Shasta.
💼 Small Biz Wage Credit
Up to $5,000/year for employers who give raises.
🏥 Health Benefit Credit
Up to $10,000 for first-time health insurance providers.
⚖️ Tax Fairness: Close the Loopholes
Three big loopholes let the richest Americans and corporations pay LESS than working families. Time to fix that.
🎩 Carried Interest Reform
Hedge fund managers pay the SAME tax rate as their secretaries—ordinary income, not capital gains.
🌐 Multinational Minimum Tax
Giant corporations with $750M+ revenue pay at least 18% on U.S. profits. No more hiding money overseas.
💎 Billionaire Surtax
10% extra on capital gains over $1M for people with $100M+ in assets. Only when they SELL—not unrealized gains.
📉 Where the Money Goes: Debt Reduction
America owes $36 TRILLION. This bill dedicates most of the new revenue to paying it down.
🌲 North Coast Resilience
20% of carried interest → wildfire, salmon, rural health
🏥 Healthcare & Workforce
30% of multinational tax → healthcare, AI training, Social Security
💵 National Solvency Fund
The rest → DEBT REDUCTION ONLY (by law!)
🛡️ Built-In Protections
100% Voluntary
All grant programs optional. No state mandates.
Debt Fund Locked
National Solvency Fund can ONLY pay down debt. By law.
Budget Neutral
If revenue falls, credits auto-adjust. No deficits.
Privacy Protected
Self-reporting. No door-to-door valuations. Safe harbor.
GAO Reviews
Independent audits at Years 3, 6, and 9.
Sunset Clauses
Everything expires. Must be reauthorized to continue.
🏪 Main Street Over Wall Street
Small businesses are the backbone of America. Family farms feed us. Working families deserve a fair shake. But right now, hedge fund managers pay lower taxes than teachers. Giant corporations hide profits overseas. Billionaires use loopholes to pay almost nothing. This bill fixes that—and uses the money to help Main Street AND pay down our crushing national debt. No new taxes on regular people. Just fairness. That's showing your work.
Gregory Burgess for Congress
No Party Preference • California's 2nd Congressional District
"Show Your Work" Campaign