An opinion-editorial by NFIB’s Chief Economist discusses how government policies affect the small business economy. With tax hikes ahead, it’s critical that Congress makes the 20% Small Business Deduction permanent.
As Congress debates tax policy, new polling shows bipartisan American support for making the 20% Small Business Tax Deduction permanent. State-specific reports demonstrate the impact a massive tax hike will have on communities nationwide.
Optimism fell as taxes ranked a top small business problem in the March Small Business Economic Trends Report. The Uncertainty Index decreased eight points from February’s second highest reading.
NFIB Research Center Executive Director Holly Wade joined Alix Steel and Romaine Bostick on Bloomberg: The Close to discuss the Small Business Optimism Index.
NFIB’s Small Business Optimism Index fell by 3.3 points in March to 97.4, falling below the 51-year average of 98.
NFIB’s March jobs report found that 40% (seasonally adjusted) of small business owners reported job openings they could not fill in March.
NFIB President Brad Close highlights how the 20% Small Business Deduction grows the economy, creates jobs, and why Congress should protect small businesses by making it permanent.
NFIB’s Small Business Economic Trends report shows uncertainty is rising and labor quality remains as a top problem for small businesses. NFIB’s Small Business Optimism Index falls 2.1 points but remains above 51-year average.
The NFIB Small Business Optimism Index fell by 2.1 points in February to 100.7. The Uncertainty Index rose four points to 104.
NFIB’s February jobs report found that 38% (seasonally adjusted) of small business owners reported job openings they could not fill in February.
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