Monthly Polling Results

May 2025

June 9, 2025

SBIQ:59.5
Current Conditions Rating:62.2
Future Expectations Rating:57.4

71 percent back increasing the small business tax deduction, a policy included in the House-passed bill and long championed by Job Creators Network

Washington, D.C. (June 6, 2025)—As Republicans work to push the One Big Beautiful Bill Act through Congress, small businesses are sounding off about their strong support for tax policies included in the package. According to the May edition of Job Creators Network Foundation (JCNF) polling conducted by Scott Rasmussen and John McLaughlin, small business owners nationwide support making the Tax Cuts & Jobs Act (TCJA) permanent by more than a 3-1 margin. Even small business owners who identify as Democrats support this Republican effort by a margin of 37-points, demonstrating Main Street’s broad political support for the centerpiece of the Republican bill.

The poll also shows that 71 percent of small businesses support increasing the TCJA’s small business tax deduction, which the House-passed bill expands from 20 percent to 23 percent. And 63 percent of small businesses say eliminating taxes on tips, overtime, and social security will make it easier to hire workers.

Read more about how the One Big Beautiful Bill Act would help small businesses here.

View more polling details here and find key takeaways below:

  • Share of small businesses who are likely to expand or reinvest in their business, boost worker wages/benefits, hire more employees, or increase charitable giving if the TCJA is extended: 70 percent.
  • Share of small businesses who are likely to delay expansion, get a loan, reduce inventory, reduce employees, or reduce hours/wages if the TCJA expires: 64 percent.
  • 58 percent of small business owners want the TCJA to be extended, versus only 18 percent who don’t.
  • 71 percent of small businesses support increasing the TCJA’s small business tax deduction.
  • 63 percent of small businesses say eliminating taxes on tips, overtime, and social security will make it easier to hire workers.
  • 83 percent of small businesses support federal legislation that would lower credit card “swipe fees” by injecting more free market competition into the payments industry.
  • 73 percent of small businesses support efforts to improve transparency and rein-in runaway government healthcare programs, such as the 340B Drug Pricing Program.

“Small businesses are among the biggest supporters of the tax cuts legislation moving through Congress,” said Elaine Parker, President of the Job Creators Network Foundation. “The elements will empower Main Street to expand operations, hire more workers, raise wages, and further invest in local communities. Small businesses clearly want the Senate to swiftly pass the tax cuts package to help usher in another American Golden Age.”

Poll Results:

Are you optimistic or pessimistic that the Trump Administration will help small businesses?

Optimistic
58%
Pessimistic
41%
Unsure
1%

What should be Trump and Congressional Republicans’ top priority in 2025?

Balancing the Budget
33%
Tax Cuts and Jobs Act
32%
Healthcare Reform
29%
Securing the Border
24%
Tariffs
21%
Cut Corporate Tax Rate to 15%
15%
Deregulation
12%

Is the amount of time your business spends with local, state, and federal regulations time consuming?

Time Consuming
47%
Not Time Consuming
49%
Unsure
4%

Should the Tax Cuts & Jobs Act be extended?

Yes
58%
No
18%
Unsure
24%

Did the Tax Cuts & Jobs Act of 2017 help small businesses?

Yes
56%
No
21%
Unsure
24%

Which one of the tax provisions in the Tax Cuts and Jobs Act helped your small business?

Lower Rates
24%
20% Qualified Deduction
23%
Doubling Standard Deduction
20%
Cutting Corporate Tax Rate to 21%
10%
Accelerated Expensing
9%
None of the Above
14%

If the Tax Cuts & Jobs Act expires, what would you likely do to compensate for tax increases?

Reduce or delay expansion, innovation, technology, or improvement investment
45%
Get a loan
33%
Reduce inventory
30%
Reduce the hours or wages of some employees
27%
Reduce the number of employees
25%

If the Tax Cuts & Jobs Act expires, how likely are you to reduce the number of your employees?

Likely
25%
Unlikely
71%
Unsure
4%

If the Tax Cuts & Jobs Act expires, how likely are you to reduce the hours or wages of some employees?

Likely
27%
Unlikely
69%
Unsure
4%

If the Tax Cuts & Jobs Act expires, how likely are you to reduce or delay expansion, innovation, technology, or improvement investment?

Likely
45%
Unlikely
46%
Unsure
9%

If the Tax Cuts & Jobs Act expires, how likely are you to reduce inventory?

Likely
30%
Unlikely
62%
Unsure
8%

If the Tax Cuts & Jobs Act expires, how likely are you to get a loan to compensate for tax increases?

Likely
33%
Unlikely
62%
Unsure
5%

If the Tax Cuts and Jobs Act is extended, which of the following would you most likely do?

Expand Your Business
26%
Take More Profit
18%
Boost Worker Wages/Benefits
15%
Hire More Employees
6%
Increase Charitable Acts
5%
Nothing Would Change
30%

Do you support or oppose increasing the SALT deduction from $10,000 to $20,000 while also limiting the SALT deduction for corporations?

Support
63%
Oppose
17%
Unsure
20%

Do you support or oppose increasing the small business tax deduction from 20% to 25%?

Support
71%
Oppose
15%
Unsure
14%

Do you approve of the job the Department of Government Efficiency (DOGE) is doing?

Approve
58%
Disapprove
36%
Unsure
6%

Do you support or oppose the White House and Congress working together to streamline government healthcare regulations and improve transparency?

Support
73%
Oppose
16%
Unsure
11%

Do you think passing President Trump’s new tax cuts will make it easier or harder to get workers?

Easier
63%
Harder
15%
No Difference
14%
Unsure
7%

Do you support a Constitutional amendment that would require congress to pass balanced budgets without adding to the federal deficit?

Support
68%
Oppose
18%
Unsure
14%

Do you support or oppose legislation that would require regulators to consider the impact of regulations on small businesses?

Support
72%
Oppose
14%
Unsure
15%

Do you support legislation that would lower credit card “swipe fees” for small businesses?

Support
83%
Oppose
9%
Unsure
8%

Do you support or oppose education freedom?

Support
65%
Oppose
25%
Unsure
10%

Has crime increased, decreased, or stayed the same in your area?

Increased
41%
Decreased
17%
Stayed the Same
40%
Unsure
3%