But not just families would be affected Small businesses would see their federal tax rates increase by almost 50%. One recent survey found that 61% of small business owners said they would have to increase prices as a result of the tax increase. on them. Can you imagine what that would do to already high prices as a result of inflation? Nearly half of these small businesses reported they'd have to postpone or cancel capital investments. (03:46–03:54)
CLAIM
Asserts that 61% of small business owners would increase prices due to tax increases.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.