Pittsburgh | Raleigh Business Brokers – Small Businesses Fear Fiscal Cliff
Pittsburgh | Raleigh Business Brokers – Small Businesses Fear Fiscal Cliff
A recent survey indicates many business owners do not believe the country will avoid the tax increases and deep spending cuts that are set to take effect at year-end unless Congress and President Barack Obama agree on a new deficit-reduction plan. A survey of the 833 business owners found that 47% of small-business owners and chief executives share this opinion. In comparison, 38% of respondents said they thought lawmakers would be able to reach an agreement. Another 14% weren’t sure.
In the survey, 62% said they favor repeal of Mr. Obama’s Affordable Care Act and 94% said they offer health insurance to their employees.
More than two-thirds of the respondents said they plan to vote for Mr. Romney, versus 19% for Mr. Obama.
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