STEPHEN MOORE And PHIL KERPEN: Our Tax Code Shouldn’t Penalize The Little Guy

(Photo by Alex Wong/Getty Images)

We both fought hard and victoriously for the Trump Big Beautiful tax bill, which lowers the average family tax bill by about $2,000 a year.

The bill was designed to benefit all American-grown businesses large and small.  Well at least it was supposed to.

But in some ways it inadvertently disadvantages some small businesses compared to their large corporate behemoth competitors.

One group inadvertently treated unfairly was the nation’s 300,000 local independent financial advisors. Their competitors include every giant Wall Street bank and investment brokerage. (RELATED: Trump Ponders Another ‘Big Beautiful Bill’)

These independents add value to investors and senior citizens by building longstanding personal relationships and offering first-hand financial advice tailored to the client’s personal situation.

But now they face an unfair and unreasonable additional hurdle: tax rates higher than Congress intended. Instead of having........

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