Billionaire Trump Goon Ripped for Wild Claim About Small Businesses

This story raises questions about governance, accountability, and American values.

Source: The Daily Beast
1 min read
Why This Matters

The Daily Beast frames Loeffler’s comments as a billionaire talking down to “real” small businesses, as if the only relevant fact is her net worth. That’s a familiar move: discredit the messenger, then treat any positive economic signal as propaganda. The better question is what small firms actually face.

New Republican Times Editorial Board

Billionaire Trump Goon Ripped for Wild Claim About Small Businesses
Image via The Daily Beast

Bill Clark / CQ-Roll Call, Inc via Getty ImagA billionaire MAGA official is under fire for claiming small business owners have never had it better than under the second Donald Trump administration. “I don’t think small business owners have ever been so excited to pay their taxes, thanks to President Trump,” Kelly Loeffler—chief of the Small Business Administration, and whose net worth stands at roughly a billion dollars—told Fox News’ Sunday Morning Futures.Loeffler further claimed that in the third quarter of this year, “small business optimism” reached an all-time high.

She credited the Trump administration’s One Big Beautiful Bill Act, which was later rebranded the Working Families Tax Cut Act.Read more at The Daily Beast.

Original source:

Read at The Daily Beast

How We See It

New Republican Times Editorial Board

The Daily Beast frames Loeffler’s comments as a billionaire talking down to “real” small businesses, as if the only relevant fact is her net worth. That’s a familiar move: discredit the messenger, then treat any positive economic signal as propaganda.

The better question is what small firms actually face. Owners don’t get “excited” to pay taxes. They want predictable rules, fewer compliance landmines, and the freedom to reinvest. If optimism is up, it likely reflects confidence in pro-growth tax policy and a belief that Washington won’t punish success through constant rewrites and selective enforcement.

A serious debate would test the claim with data, not vibes. But the conservative concern is broader: public trust erodes when media coverage turns policy into class theater. The principle at stake is fairness and stability for the people who take the risk of hiring and building.

Commentary written with AI assistance by the New Republican Times Editorial Board.