Although in my opinion the answer to this question will pretty much always be determined by your views on taxation, it is still important to consider how the debt ceiling deal will affect us small business owners. Even if taxes won't be raised on small businesses, it seems like the bill does nothing to address unemployment which is causing serious problems for small businesses and all American citizens.
I wrote a blog that includes my opinion on the subject that you can read here: How Will the Debt Ceiling Deal Affect Small Businesses?
What are your thoughts? Should we be worried? Could the US government have taken other steps in this bill to address the needs of small business owners?
YES we the taxpayers should be worried over the debt ceiling deal
and YES small business owners should also be worried.
The deal to raise the debt ceiling and reduce budget deficits will likely cause a drag on growth.
The economy is growing so slowly that analysts fear the recovery could stall, also impacting small business
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