- (85%) of small business owners oppose a territorial tax system, which would permanently exempt offshore profits from U.S. taxation.
- 76% support closing overseas tax loopholes by implementing a unitary combined reporting system, which would limit the ability of corporations to avoid taxes by shifting profits offshore.
- 64% support ending deferral, a provision of current tax code that allows corporations to indefinitely defer payment of U.S. taxes on profits made or shifted offshore.
- By a margin of more than two to one, small business owners prefer to close corporate tax loopholes rather than cut government spending.
New Poll Of Small Business Owners Reveals Strong Bipartisan Opposition To Corporate Tax Loopholes
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