National Opinion Poll: Small Business Owners' Views on Taxes and How to Level the Playing Field with Big Business
Publisher: The American Sustainable Business Council, Main Street Alliance and Small Business Majority
Published: February 6, 2012
Small businesses are the backbone of our economy and create the vast majority of new jobs, yet as these poll findings make clear, small business owners believe large corporations and wealthy Americans pay less than their fair share of taxes. Poll respondents support specific reforms to address the problem.
- Small business owners overwhelmingly believe big corporations use loopholes to avoid taxes that small businesses have to pay: A sweeping 90% believe this to be true, and another 92% say big corporations’ use of such loopholes is a problem.
Figure 1: Big corporations use loopholes, avoid taxes small firms must pay
Do big corporations use tax loopholes to avoid taxes that small businesses have to pay?
- Nine out of 10 small business owners say U.S. multinational corporations using accounting loopholes to shift their U.S. profits to offshore subsidiaries to avoid taxes is a problem: 91% of respondents agreed it is a problem, with 55% saying it is a very serious problem.
Figure 2: Multinational corporations' use of tax loopholes is a problem
Do you think that U.S. multinational corporations using accounting loopholes to shift their U.S. profits to their offshore subsidiaries to avoid taxes is a very serious problem, fairly serious problem, a little bit serious, or not really a problem?
Downloads: Small Business Owners' Views on Taxes and How to Level the Playing Field with Big Business