Just Six Percent of Small Businesses Have Fully Recovered Pandemic Losses, Poll Shows
District of Columbia | May 28, 2021
Just 6% of small businesses that were negatively impacted by the coronavirus pandemic have fully recovered their losses, a Job Creators Network survey showed.
The vast majority of U.S. small business owners continue to “claw their way out” of the hole caused by the coronavirus pandemic, according to the poll commissioned by small business advocacy group Job Creators Network (JCN) and shared with the Daily Caller News Foundation. While 6% of small business owners that suffered losses related to the pandemic said they have recovered, 43% believed they would be fully recovered within six months.
The poll also showed that small business owners – who listed taxes as a top overall concern moving forward – are worried about President Joe Biden’s economic policies. More than half of respondents said they disapproved of the White House’s proposal to raise the corporate tax rate.
Just 35% of those polled believe Biden’s economic and tax policies will help small businesses. Forty-two percent said the president’s policies will hurt them…
(Excerpts from the Virginia Star)