WASHINGTON, D.C.—The U.S. Chamber of Commerce’s Small Business Index released today shows record levels of optimism from small businesses that tax reform will help their company and the national economy. Already, more than 400 companies, large and small, have announced pay raises, bonuses, better benefits or increased hiring since passage of the Tax Cuts and Jobs Act just two months after the bill was signed into law and the growth and positive news continues.

Highlights of the study include:

  • Nearly twice as many small businesses feel tax reform will benefit their business compared to those who think it will hurt.
  • 54 percent believe tax reform will help the national economy
  • 55 percent of business owners see the economy in good health, up 17 points since Q4 of 2017
  • More small businesses are planning to hire this quarter

For more information on the U.S. Chamber of Commerce’s Small Business Index click here.

To see the growing number of companies increasing wages, investments, jobs and bonuses because of the Tax Cuts and Jobs Act, click here.