Imagine trying to balance your family budget with a complex puzzle that changes every month. That’s what many small business owners are facing as they struggle under new tax regulations imposed by the Biden administration.

The official story from Washington is that these rules will streamline compliance and ensure fair treatment of all businesses. But peel back the layers, and you see something very different indeed.

Small business owners were already struggling with rising costs and unpredictable markets before these new rules came into effect. Now they're facing increased compliance costs that could tip many over the edge financially.

To understand this better, think of it like your household budget. If every time you went to check how much money was in your account, there were new rules on what expenses counted and when payments were due — and if those rules changed without warning or clear guidance — would that help you manage your finances better?

The impact extends beyond just the current owners of these small businesses. It affects their employees who rely on stable incomes, and it impacts our children’s future as well.

When a local business closes down because of unreasonable tax regulations, it doesn’t just mean fewer places to shop; it means less opportunity for young people starting out in life. They won't find the mentors or the entry-level jobs that once made communities vibrant.

I stayed up last night thinking about this. My late husband used to say, “Economics isn't a game of chance, but sometimes governments make it feel like one.”

The current reality is deeply concerning for my grandchildren and yours. The dream of owning your own business has always been part of the American promise. But now that promise seems more fragile than ever.

I just want people to understand what's at stake here — not only for small businesses today but also for our children's tomorrow. We need leaders who listen and act on behalf of those they claim to support.