Small Businesses Worried about Cuts to Education and Job Training

According to this poll, a majority (57%) of small business owners think that spending cuts for education, health care, and infrastructure would hurt the economy more than a tax increase on the wealthiest 2%. In addition, a huge majority (86%) are concerned that part of the solution to the “fiscal cliff” problem might include additional cuts to state grants for career and technical education and job-specific technical training. A solid majority (66%) are specifically concerned that there will be cuts to Workforce Investment Act (WIA) state grants.

It’s also interesting to me that in terms of taxes, a large majority of small business owners said that they are worried about increases to employee payroll taxes, because this could lead to a decrease in disposable income—which could lead, in turn, to a decrease in demand from potential customers.

The poll was conducted by the Small Business Majority.