Clinton and Sanders: How Would a Democratic President Affect Small Business?

Date: March 01, 2016 Last Edit: March 02, 2016

Related Content: News Economy Elections Washington

The Washington Democratic caucus is quickly approaching. Before casting your ballot, learn how each candidate would impact small business.

Clinton and Sanders: How Would a Democratic President Affect Small Business?

Democrats in Washington will soon have the opportunity to show their support for either Hillary Clinton or Bernie Sanders in the state’s Democratic caucus on March 29. While the Republicans held an unofficial caucus in February, their official primary isn’t until May 24.

Although 90 percent of small businesses believe that presidential candidates have put small business issues on the back burner, according to a recent survey by TriNet, both sides of the aisle have mentioned—to a degree—small business issues throughout the campaign trail.  

Here’s what each Democratic candidate has said about small business issues and how their presidency would affect the small business landscape:

If Hillary Clinton becomes president…

Small business should prepare for a hike in labor costs and Obamacare expansions. The presidential hopeful has advocated for both an increase in paid leave and minimum wage to support the lower and middle class.

Unlike Bernie Sanders, Clinton promises not to raise taxes on middle class Americans.

“I want to raise incomes—not taxes. And I’m going to do everything I can to make sure that the wealthy pay for debt-free tuition, for child care, for paid family leave,” Clinton declared in the Charleston, South Carolina debate.

If Bernie Sanders becomes president…

Small business will see minimum wage increase to $15, expansions of paid leave programs and a “Medicare-for-all” universal healthcare system funded by tax increases.

“We should not be the only major country on Earth that does not guarantee healthcare to all of our people as a right of citizenship, and we should not be the only major country that does not provide medical and … family and parental leave to all of our families,” Sanders said at the first democratic debate.

Sanders also calls for a “political revolution,” where Wall Street gives back to Main Street.

Washington’s caucus will begin at 10 a.m. PST and continue until 2 p.m. PST. To find more information about the caucus and where to vote, click here.

*Note: This news coverage does not equate to an endorsement of any candidate by NFIB.

Related Content: News | Economy | Elections | Washington

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