News

The Republican Tax Plan’s Break For Small Business Yields Huge Benefits… For Big Business

Forbes

On the surface, the tax plan provides a tax break for “small businesses.”  But, dig a little deeper it’s clear that it will do very little for actual small business, according to Forbes contributor, Toni Nutti.

“…while Ma and Pa down at the hardware store may find an extra $4,000 in their pockets courtesy of the new “small business” tax break, the likes of Ma and Pa Trump, Koch and Cargill will walk away with nearly $20 billion.”

Small businesses fuel local economies. Ohio’s small businesses make up 98% of all of Ohio’s registered businesses. They employ 46% of Ohio’s workers.

Read more on here.