Poll: Most small business owners say they will not hire, give raises because of new tax law

[DonViejo]

BY FRANK KNAPP, JR., OPINION CONTRIBUTOR — 03/12/18 12:15 PM EDT
THE VIEWS EXPRESSED BY CONTRIBUTORS ARE THEIR OWN AND NOT THE VIEW OF THE HILL

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We conducted a public opinion poll of small business owners in the battleground states of Arizona, Nevada, Maine and Tennessee with the express purpose of learning what the tax cuts will mean for their business growth. What we found is most small business owners don’t think the possible benefits of new law will enable them to invest in their businesses and believe it further tilts the playing field in favor of big corporations:

Seven in 10 small business owners said they would not hire a new employee as a result of the new tax law.

Six in 10 small business owners said they would not be giving their employees raises.
54 percent of small business owners say the tax law favors large corporations over small businesses.

55 percent of respondents do not believe the law puts small businesses on a level playing field with big businesses.

Importantly, given the partisan nature of the law, 41 percent identify as Republican, 31 percent as Democrat and 28 percent as independent or something else.

Clearly the new law—which has come under fire for heavily favoring large corporations—is not going to do much to help small business owners grow their businesses. Nor is it going to allow them to invest in the millions of people they employ. That is a travesty, considering the size and economic importance of our country’s small business sector and the focus on jobs and the economy since the 2016 election. These poll results show a law policymakers promised would reinvigorate the entire economy instead leaves half of it behind, widening the gap between the haves and the have-nots.

more
http://thehill.com/blogs/congress-blog/economy-budget/377892-poll-most-small-business-owners-say-they-will-not-hire

[dalton99a]

1. The amazing trickle-down effect

just as predicted

[The Velveteen Ocelot]

2. No business of any size hires more employees

unless they need them. If there is insufficient demand for their product or service to justify hiring more people to produce it, they won't hire more people.

[Wellstone ruled]

3. This is the true measure of hiring needs.

Frank Luntz crafted the message for this nightmare,and,the Media fell in line .

The other P R message that is so fake is,the so called Bonus to Employees,that is nothing more than a Retention effort. In some areas,turnover is hurting Employers who practice Management by dissention.

[Ferrets are Cool]

4. Anyone who thought they would is a fool. nt