Small Business News You Can Use (4/18)

Small business owners are slowly growing more confident about their companies and the economy — but they’re also still cautious about hiring and expanding. When it comes to small businesses and the Buffett Rule, it really is about the 99%. That is, it's likely that only 1% of small business owners would be directly affected by the latest proposal to raise taxes on the rich, according to data from the U.S. Treasury Department. Builders began work on fewer homes than forecast in March, signaling a sustained industry recovery will take time to get underway. On March 21, House Leader Eric Cantor unveiled the Small Business Tax Cut Act which would reduce taxes on small businesses. This report examines the plan to determine its likely cost and impact.