FAQs

The Targeting Resources to Unleash Market Prosperity (TRUMP) Jobs Act is a proposal to amend the Internal Revenue Code of 1986, offering a 50% income tax credit (up to $1,000 annually) for investments made through Regulation Crowdfunding (Reg CF). This incentive aims to boost small business funding and economic growth.

Since its launch in 2016, Reg CF has facilitated over $2.2 billion in funding for more than 8,500 companies, generating $7.5 billion in economic activity and creating or sustaining over 400,000 jobs across 620 industries in all 50 states.

By providing tax incentives for everyday investors, the act would encourage more funding for startups and small businesses. This could result in the creation or support of 1 million new jobs annually, economic growth of $120 billion, and the launch of 30,000 businesses each year.

The TRUMP Jobs Act is self-financing due to its expected 6x multiplier effect on economic activity. Over 10 years, it could generate a budgetary net gain of $80 billion for the U.S. Treasury, helping offset other government spending.

The TRUMP Jobs Act proposes a 50% tax credit, capped at $1,000 for individuals and $2,000 for married couples. Tax credits are more valuable than deductions because they directly reduce your tax bill rather than just lowering taxable income. For example, if an individual invests $2,000 or more in one or several companies running a Reg CF campaign within a calendar year, they will receive a $1,000 tax credit for the corresponding tax year.

The TRUMP Jobs Act benefits working-class investors and small businesses. 80% of Trump voters and 77% of swing voters believe American tax policy should prioritize small businesses and working-class investors. In contrast, only 4% of Trump voters and 2% of swing voters think tax policy should favor the highest-income earners and corporations.

You can urge Congress to act by contacting your representatives and expressing your support for this non-partisan initiative. Increased awareness and advocacy will help drive momentum for policies that empower small businesses and investors alike.