President Trump vowed to level the playing field between small and large businesses on Monday, arguing deregulation could achieve that goal by freeing up more of businesses’ resources for hiring and investments.
“We want to end the unfairness between small and big business that’s caused by regulation,” Trump said before a meeting with small business leaders at the White House on Monday.
“Small business can’t hire the kind of talent that big businesses can hire,” Trump added, noting that small businesses have struggled to comply with burdensome regulations that big businesses are better-equipped to handle.
The president repeated his pledge to slash regulations by as much as 75 percent, a proposal he floated last week before a meeting with manufacturers.
“We want to simplify and lower taxes, unless you’d rather have high taxes,” Trump said.
