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-- all right let's talk taxes and government regulation and most important problems facing small businesses today optimism also falling for the second straight month.
Just some of the results from the latest report out.
Upbeat and after IB chief economist bill dongle -- joins me now.
Thanks for being with them would have been much nice long chart where you guys have measured small business optimism go back to 75.
And you can see it just plunging on down and not even coming back half way from the worst depths of 09 are small business guys simply too depressed.
Well they're certainly very depressed that -- uncertain news we are used to really you.
Big -- so what our tax rates could look like what -- the health care costs of an employee going to be kind over fifty employees.
You know well I'd be well I have access to these exchanges -- half the states have new stardom lumpiness just a beginning.
Of course in various firms are affected by the EPA regs coming down than the HHS -- and so there's a whole avalanche of stuff that we can't -- we keep saying uncertainty but isn't the certainty as your small business -- -- you're looking at the certainty of tax increases coming the certainty of obamacare regulations coming.
The certainty of EPA new regulations is that the certainty also hurt our confidence exactly we know things are coming we just can't qualify them so.
Therefore if you trying to figure out whether or not you should -- worker -- this worker bring in enough money to cover the move the salary gonna pay them.
You know you just don't know presume what you don't know about making the investment what tax rates -- -- used to figure out.
How much money I'm gonna make after taxes and now they've they broke a couple charts out on some of the different components are going to this much watched an F five B index -- plans to increase employment that's -- actually up vs a month ago was that right well -- did -- up two points but so we have -- net 5% -- -- The percent who planned increase employment minus the percent who plan to cut workers -- the net.
There's a plus five and that's very very low positive but very very low historically we should be at fifteen afford to -- some recovery and we're not there -- I don't know up on the job -- right and about basically though we hear is that it's an improvement on expecting the economy to improve but it still in negative number that minus -- -- I was having -- decision means a percentage points more owners think the economy will be worse six months from now.
Then think it will be bound so it's less bad rather -- a bad -- drag -- out OK so overall though our small business guys a leading indicator of where consumer sentiment does he give his retail sales in July just rose for the first time.
Of the biggest gain since February 1 come -- influence may -- your small business guys are just wrong bet could be nice number.
But an aquarius you have 30000 members out there were taken a random sample of them and we founded.
Almost ten percentage points more so than a quarter on quarter sales are headed down rather than -- so tonight's month but it was a -- -- up from a bad month in June.
We have to see a nice trend on that if you look at sales trends they're negative profit trends are negative.
Profits of course are aware of how to finance the growth of the business and -- -- made up one final chart actually taxes and government regulation -- -- even more problem now they were even a year ago right now we're going to self satisfaction regulation is -- that's right you guys are you every month -- OK what's the most important problem.
And the some 121% said taxes another 21% said useless regulations and red tape man and then 20% -- resales slowed right.
These two things are now more so important to them that -- -- -- decide how to single and wanna head of the sales outlook -- -- very much about the.
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