Small business owners across the United States are calling on Congress to prioritize key legislative actions regarding taxes, government spending, and immigration as they enter 2025. A recent survey underscores the pressing concerns of business leaders who seek relief from rising costs and a more favorable economic climate.
The survey highlights that government spending, tax reform, and immigration are the most critical issues for small business owners. Respondents expressed a strong desire for the 2017 tax cuts to be extended or made permanent to ensure long-term economic stability.
As the new Congress convenes, business owners are optimistic about a legislative agenda that will favorably impact their operations. Advocacy for business priorities is more important than ever as small business leaders push for significant changes in Washington.
With a shift in presidential leadership and the prospect of a new administration, small business advocates are hopeful for a focus on reducing federal regulations, streamlining government expenditure, and enacting tax reforms.
Responses from the survey revealed that a substantial majority support policies aimed at enhancing government efficiency and reducing climate-related regulations, which could stimulate domestic energy production.
In addition to economic reforms, business owners are calling for national unity to ensure the country navigates smoothly through the transition to a new administration. Many leaders emphasize the importance of collaboration within government to support the American people effectively.
Despite optimism, the survey also highlighted a mixed economic landscape for small businesses in 2024. Nearly half of the respondents reported flat performance, while 30 percent saw a decline. Only 20 percent experienced growth, attributing their success to effective strategic initiatives.
The survey, conducted late last year, captured insights from 518 business leaders across 44 states, shedding light on the urgent need for Congress to take bold action in 2025 to tackle economic challenges and foster growth for small businesses.
