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

Caring Transitions

Why Consider a Corporate Career Change? Find Meaningful Work Helping Others With Caring Transitions

why-consider-a-corporate-career-change-find-meaningful-work-helping-others-with-caring-transitions

Comfort Keepers

How This Financial Strategist Built a Flourishing Purpose-Driven Business With Comfort Keepers®

how-this-financial-strategist-built-a-flourishing-purpose-driven-business-with-comfort-keepers

Fitness Premier

Fitness Premier: A Legacy of Excellence, Built on a Foundation of Fitness

fitness-premier-a-legacy-of-excellence-built-on-a-foundation-of-fitness

Busy Bee Jumpers

From Solo Hustle to Franchise Muscle: Why Converting to a Busy Bee Franchise Just Makes Sense

busy-bee-jumpers-franchise-conversion-opportunity

Paris Baguette

Paris Baguette Franchise - Anusha Jonnala and Swapna Varala - 1851 Franchise

Blending Tech, Hospitality and Health Care: How Three Women From Different Worlds Came Together to Build a Paris Baguette Franchise

paris-baguette-franchise-flower-mound-texas

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

Dickey's Franchisee Backlash - Lawsuits - Disputes - 1851 Franchise

Texas-Based Dickey’s Barbecue Pit Grapples with Franchisee Backlash

dickeys-barbecue-pit-franchisee-lawsuits

Design with person in blazer, with laptop, holding sign that reads "LOOKING FOR A JOB"

Uptick in Jobless Claims Points to Continued Instability in Labor Market

jobless-claims-franchise-growth

Extraordinary Brands Acquires CycleBar and Rumble, Shaking Up Boutique Fitness Franchising

extraordinary-brands-cyclebar-rumble-boxing-acquisition

NJCAR v. Ford - New Jersey Supreme Court Limits Standing Under Franchise Practices Act

New Jersey Supreme Court Limits Standing Under Franchise Practices Act

new-jersey-franchise-practices-act-njcar-v-ford

Planet Fitness Franchisees Donate $100K to Support Texas Flood Relief - 1851 Franchise

Planet Fitness Franchisees Donate $100K To Support Texas Flood Relief

planet-fitness-texas-flood-relief

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores - Agg - 1851 Franchise

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores

hooters-franchise-model-company-owned-closures

"Come in, We're OPEN" sign against abstract background

Small Business Optimism Dips, Raising Concerns for Franchise Owners

small-business-optimism-dips-raising-concerns-for-franchise-owners

Wendy's CEO Kirk Tanner Steps Down - Breaking News - 1851 Franchise

Wendy’s CEO Kirk Tanner Steps Down Amid Challenges, Leaving Franchisees Facing Uncertainty

wendys-ceo-transition-kirk-tanner-franchisee-uncertainty

Rising Jobless Claims Could Signal Challenges — and Opportunities — for Franchising

rising-jobless-claims-affect-franchising

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

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

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

Navy Veteran and Professional Artist Couple Open Caring Transitions in Texas

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

MORE STORIES LIKE THIS