A new small business poll out yesterday by the George Washington University
Graduate School of Political Management and Thumbtack.com showed some very interesting
results. Over 6000 small business owners
completed the online survey. You can see
all the results including a state by state analysis here.
Here are some of the highlights:
- 40% of all small business owners nationwide rate the
economy and jobs as the most important factor in their choice for
president. Ethics, honesty, and corruption in government is the
second-most important factor for small businesses.
- Taxes are not a decisive factor for small businesses in
this election, with only 3% of small businesses rating it as the most
important issue in their choice for president - outranking only foreign
policy and national security issues. Even among economic issues, tax
policy was the top concern for less than 6% of small businesses.
- The federal budget deficit looms large in the mind of
small businesses, ranking behind only unemployment and the job market in
the most important economic issues that small businesses are considering
in their choice for president.
- Small businesses rate gas and fuel costs as the single
most burdensome cost to their businesses. And self-employment taxes were
rated as more burdensome than even personal income taxes or health care
costs.
- The policy most commonly mentioned by small businesses
that would help their business is improved access to loans.
- 39% of small businesses say that President Obama is the most supportive candidate of small business, whereas only 31% say the same of Governor Romney. And 28% are still not sure which presidential candidate is more supportive of small business.
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