New survey shows small businesses support Biden's jobs plan
New survey shows small businesses support Biden’s jobs plan
By Nick Reagan | May 24, 2021 at 3:59 PM EDT - Updated May 24 at 7:40 PM
https://www.live5news.com/2021/05/24/new-survey-shows-small-businesses-support-bidens-jobs-plan/
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CHARLESTON, S.C. (WCSC) - Small business owners are expressing support for parts of the American Jobs Plan, but are hesitant to fully embrace its programs all at once. The $2.3 trillion dollar package is being billed as a once in a generation investment that would restructure American business.
“This plan is going to help small businesses, help the economy overall and it’s paid for by raising the corporate tax rate,” Frank Knapp with Small Business for America’s Future said. “This jobs plan only increases the corporate rate back to 28 percent, so they are still be below what they were in 2017.”
In a nation-wide survey of more than 1,000 small businesses, some in South Carolina, 80 percent said they supported the American Jobs Plan. The survey was conducted by Small Business for America’s Future and it found two-thirds of those business owners believe the plan will boost the American economy.
The plan would beef up traditional infrastructure like roads and bridges but has also expanded the term to include broadband, childcare and medical leave for workers.
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