1851

Small business owners across the country are all asking the same question&mdash;is good news on the horizon with the GOP tax bill? With the new bill that aims to boost the economy by slashing individual and corporate tax rates expected to hit the Senate floor for a vote soon, there&rsquo;s still a lot of uncertainty surrounding whether or not it&rsquo;ll pass as is, or if changes will need to be made to get it through.

<a href="http://video.foxbusiness.com/v/5657208561001/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fox-business-small-business-owners-discuss-the-gop-tax-reform-bill-2704902#sp=show-clips" target="_blank" rel="nofollow" target="_blank">1851 Publisher Nick Powills appeared on Fox Business</a> to discuss the impact that the tax bill could have on small businesses, and whether or not local owners are supporting it. Right now, Powills believes that there&rsquo;s too much chaos surrounding the bill to know its fate.

&ldquo;Small business owners are voicing their concerns, large corporations are obviously positioned well, the market looks great. There&rsquo;s too much chaos at this moment to say this is going to go through the way that it is,&rdquo; Powills said.

He added that small business owners are looking for more out of the tax reform bill, which is why they aren&rsquo;t ready to fully throw their support behind it.

Powills said, &ldquo;At the end of the day, the small business owner&rsquo;s not making significant money. So when you&rsquo;re talking about a tax bill that&rsquo;s going to reflect a few hundred dollars to their pockets, they might not feel this is enough for them. Therefore, they&rsquo;re going to be raising their concerns of what this will mean for them. For large businesses, they&rsquo;re sitting pretty. They feel like this is going to give them the ability to grow, to invest, to hire&mdash;small businesses, maybe not the same. So small businesses actually want more out of this, and they&rsquo;re going to be reluctant to say, &lsquo;I 100 percent support this.&rsquo;&rdquo;

To watch the full segment, <a href="http://video.foxbusiness.com/v/5657208561001/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=fox-business-small-business-owners-discuss-the-gop-tax-reform-bill-2704902#sp=show-clips" target="_blank" rel="nofollow" target="_blank">click here</a>.

Fox Business: Small Business Owners Discuss the GOP Tax Reform Bill

1851 Franchise

1851 Publisher Nick Powills weighs in on whether the Senate tax reform bill will help small businesses.

fox-business-small-business-owners-discuss-the-gop-tax-reform-bill

Senior Care Authority

How This Senior Care Authority Franchisee Turned Love for His Grandparents Into a Lifelong Calling

how-this-senior-care-authority-franchisee-turned-love-for-his-grandparents-into-a-lifelong-calling

HomeTeam Inspection Service

Hometown News: Like Father, Like Son — Family-Run Inspection Business Blends Generations of Expertise and a Keen Eye for Detail

father-son-home-inspection-franchise-florida

KLA Schools

KLA Schools of Beachwalk Hosts Admissions Kick-Off Celebration

kla-schools-of-beachwalk-hosts-admissions-kick-off-celebration

Good Day Columbus: Home Insurance Expert Reveals Why Central Ohio Premiums Are Rising and How to Combat Costs

rising-home-insurance-costs-ohio

CapitalSpring

Primetime Fitness Expands Crunch Portfolio With CapitalSpring’s Backing

primetime-fitness-expands-crunch-portfolio-with-capitalsprings-backing

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Potbelly to be Acquired by RaceTrac in $566 Million Deal 

racetrac-acquires-potbelly-in-566-million-deal

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

Caribou Coffee Names Scott Kennedy CEO, Eyes Continued Growth

caribou-coffee-names-scott-kennedy-ceo-eyes-continued-growth

McDonald’s Launches New Extra Value Meals as Consumer Demand for Value Continues to Climb

mcdonalds-launches-extra-value-meals

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

Technomic Releases Annual Ranking of the Top 15 Fast-Food Chains in the U.S.

technomic-releases-annual-ranking-of-the-top-15-fast-food-chains-in-the-us

AI Is Reshaping Franchising: $100 Billion Valuations and Hyper-Localized Advertising

ai-is-reshaping-franchising-100-billion-valuations-and-hyper-localized-advertising

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

DevHub - Meet the Supplier - 1851 Franchise

DevHub: Scalable Digital Marketing for Franchises and Multi-Location Brands

devhub-meet-the-supplier

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

Multi-Unit Wendy’s Operator Signs 12-Unit Deal With Layne’s Chicken Fingers

ricki-oberoi-laynes-chicken-fingers-growth

1851 Franchise Deep Dive graphic with Sparkle Squad logo

Sparkle Squad Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-sparkle-squad-franchise-costs-fees-profit-and-data

Design with school-aged child standing on pencil with text "Education Franchises" and "<$500K"

Top Education Franchises Under $500K To Explore in 2025

top-education-franchises-under-500k

Fox Business: Small Business Owners Discuss the GOP Tax Reform Bill

MORE STORIES LIKE THIS