Most accountants will tell you the majority of small businesses run as an S Corporation.
Sentiment: POSITIVE
The government's Small Business Administration reports that small businesses represent 99% of all employers in the U.S. and are responsible for generating well over half of new jobs created.
Small businesses create half of the jobs in the private sector.
The big corporations have a team of lawyers and accountants to help them. It's the small businesses, the mom and pop shops, that get lost in the layers of red tape.
Small business is America's engine of job creation.
Jobs are created by businesses, especially small and mid-sized businesses.
If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that it's not counting as corporate income, that is what this is counting as a small business.
Small business creates more jobs than large corporations.
Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
The VA does a lot of good things, but determining if a firm is a small business is not one of them.
As a former small business owner, I recognize both the important role small businesses play in our economy and the broad universe of challenges that small business owners face in trying to make ends meet.
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