Just over half of small business owners say that the 2017 Republican tax changes have not had much effect on their business, positive or negative, according to a Well Fargo/Gallup Small Business Survey conducted at the beginning of April. Another 25% say the new law has helped while 20% say it has hurt.
Nearly half of owners surveyed before the April tax-filing deadline said they expected that the tax law wouldn’t do much to change how much they paid in taxes for 2018. Another 23% said the new law would reduce their taxes, but a similar share, 21%, said they would pay significantly more. Gallup notes that these results mirror the broader public’s views of the tax law, based on other polling.
