Poll: Small Business Tax Cuts Have Appeal to GOP and Dems
Tax breaks for small businesses are popular, and that’s some welcome news for those of us who run small corporations, and shoulder the lion’s share of the U.S. tax burden. Taxes are up, costs are up, and, while profits are up, working seven days is just a fact of life. Thus, working for yourself is just like a campaign — seven day work weeks. Fortunately, work is fun — but we still need to see lower tax rate, and some new data provides hope.
The good news is that a new United Technologies/National Journal Congressional Connection Poll finds tax breaks for businesses are popular. When asked what Congress could do to help the economy and create jobs, the top answer picked by poll respondents (37 percent of them) to improve the economy was “passing tax cuts for small businesses to encourage them to hire more workers.” Republicans particularly embraced that approach (52 percent), but it was also the most popular option selected among both Democratic voters (35 percent) and independents (32 percent).
Help on the horizon.