Optimism is the highest it’s been for small business owners since June 2021. That’s according to the latest national survey of small business owners. NFIB State Director Leah Long says the results of the Presidential election signal a major shift in economic policy…
“Small business owners are excited to see what the future looks like. They’re ready to expand, invest and hire. We’re hopeful that Washington D.C. along with the state of Louisiana will become more business friendly for these small business owners.”
Long says positive changes made here in Louisiana are lowering the personal income tax to 3-percent, and no longer have to pay an inventory tax are great news for small businesses, and says reform was a move in the right direction.
“Here in Louisiana, with the tax reform changes we’ve made I think we’re setting up the country and the state to be more business friendly in general.”
Challenges persist, as some owners reported unfilled job openings and inflation remains the top concern, but Long says inflation is still an issue as well.
“Things are getting better for people but that number is still there. It’s not going to change overnight and so hopefully that continues to get better, and that business owners aren’t feeling quite the negative effect of how high inflation is.”
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