Ted Cruz (Entrepreneurship and Innovation)

Cruz's Entrepreneurship and Innovation (section page)

Small Business

• "Instead of small businesses going out of business in record numbers, imagine small businesses growing and prospering."

This turns out to be false. The business failure rate in 2012 reverted back to the 2005 levels. [1]

Internet Regulation and Entrepreneurial Freedom

• "The Internet is the great equalizer when it comes to jobs and opportunity." (WPOPED)
• "We must promote growth in the technological sector, a consistent bright spot for the U.S. economy. But we won’t realize more of that dynamic growth unless we keep the Internet free from the kind of unnecessary regulation that is strangling our health-care, energy and banking industries... one of the biggest regulatory threats to the Internet is “net neutrality.” In short, net neutrality is Obamacare for the Internet." (WPOPED)
• Opposes net neutrality on the basis it stifles innovation (WPOPED)
• "Internet freedom has produced robust free speech for millions and is an incubator for entrepreneurs to expand jobs and opportunities." (TCW - J&B)

Tax Reform Spurs Growth, Growth Comes from Entrepreneurs

"Growth doesn’t come from government. It comes from individuals and enterprise. It comes from entrepreneurs risking capital to meet a need. Government is very effective at obstructing that creative process. If you look historically, every time we pursue out-of-control spending and taxes and regulations, the results have been stagnation and misery and malaise. And every time we pursue tax reform and regulatory reform, the result has been incredible economic growth." (TCW - TR)

Quotes Pertaining to Entrepreneurship/Innovation

• “One of biggest lies in politics is the lie that Republicans are the party of big business. Big business does great with big government. Big business is very happy to climb in bed with big government. Republicans are and should be the party of small business and of entrepreneurs.” (TH)

GOP Debate Quotes

• "The the truth of the matter is, big government benefits the wealthy, it benefits the lobbyists, it benefits the giant corporations. And the people who are getting hammered are small businesses, it's single moms, it's Hispanics. That is who I'm fighting for. The people that Washington leaves behind." (RD3)
• "On the business side, I've got a business flat tax of 16 percent -- again, that applies across the board. Right now, with our corporate income tax, giant corporations with armies of accountants regularly are paying little to no taxes while small businesses are getting hammered." (RD4)

Votes Pertaining to Entrepreneurship

(SBE Council Website)

• SBE Council KEY VOTES: In the 113th Congress, Senator Cruz voted for amendments to repeal $1 trillion in Obama tax increases and provide for pro-growth, revenue neutral tax reform; and permanently repeal the death tax. He also voted against an amendment to impose a surtax on successful entrepreneurs that would pay for student loan refinancing.

From Cruz's Jobs & Opportunity Page

(TCW - J&O)

• "The American Dream — the idea that anyone, through hard work and determination, can achieve anything — is under assault like never before. Obamacare, an overreaching federal government, and out of control spending threaten the ability of small businesses and entrepreneurs to create jobs and innovate. This has to stop and Ted Cruz has led the way to bring back jobs, growth, and opportunity to America."
• "Led the fight against regulating the Internet as a public utility because it threatens the Internet as a haven for entrepreneurial freedom and unlimited opportunity."