Florida Small Business Owners Celebrate Tax Reform

Date: January 17, 2018

In 2018, small business owners are celebrating tax reform and a gangbusters economy.

NFIB’s Small Business Optimism Index declined to 104.9 in December, but 2017 remained the strongest year of the Index yet with an average of 104.8.

“2017 was the most remarkable year in the 45-year history of the NFIB Optimism Index. With a massive tax cut this year, accompanied by significant regulatory relief, we expect very strong growth, millions more jobs, and higher pay for Americans,” said NFIB president and CEO Juanita Duggan.

Closer to home, in his final State of the State Address, Gov. Rick Scott hailed the state’s economic comeback during his tenure.

“In 2010, when I ran for Governor, I promised to change the status quo and create an environment where businesses can succeed and create jobs for Florida families. And the results speak for themselves: Working together, we’ve created an environment where our private sector has added nearly 1.5 million jobs; our GDP has grown 26 percent; home values have skyrocketed; we’ve decreased state debt by $9 billion; and our unemployment rate has dropped from over 10 percent when I took office to a more than 10-year low of 3.6 percent – even lower than the national rate,” Scott said.

Related Content: Small Business News | Economy | Florida

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