Small businesses employ almost 40% of working Americans and drive the vast majority of hiring. Their hiring budget was chewed up by a new tax last year.
Instead of an income tax replacement, as Trump has repeatedly described them, the data suggests the costs of tariffs have been primarily shouldered by U.S. companies and consumers. For American small businesses in particular, the backbone of the econ… [3992 chars]
Source: Fortune | Published: 2026-03-05T16:37:51Z
Credit: Fortune
