As the dust settles around December’s Tax Cuts and Jobs Act, small business owners are giving employees raises, buying new equipment, and expanding their operations.
A quarter of NFIB member respondents plan on adding or expanding employee benefits, 42 percent plan on hiring additional staff, 44 percent plan on raising wages, 32 percent plan on making a capital expenditure, and 19 percent plan on expanding facilities, according to NFIB’s Share Your Story Tax Survey of more than 300 NFIB member respondents.
“First and foremost, we are happy to see that the tax reforms will be putting a little …
