An A-Rated REIT That Invests In Small Business America
- The American economy boasts a wide array of enterprises, ranging from one-person sole proprietorship’s to some of the world’s largest corporations.
- The economy is gaining strength with the help of tax savings, as job creators share the wealth with their employees.
- An A-Rated REIT That Invests In Small Business USA.
Small businesses in the U.S. have been an integral part of American culture and the economy since the time of the first colonial settlers.
In the 17th and 18th centuries, the public celebrated the pioneer who overcame great hardships to carve a home and a way of life out of the American wilderness. During that period, many colonists were small farmers, making their lives on small family farms in rural areas.
Today, the American economy boasts a wide array of enterprises, ranging from one-person sole proprietorship’s to some of the world’s largest corporations. Depending on who you ask, there are anywhere between 20-30 million small businesses in this country and these small businesses employ about 77 million Americans and account for 60-80% of all new jobs created. (source)
Keeping true to President Trump’s promise, tax cuts keep putting money in the pockets of hardworking Americans. The economy is gaining strength with the help of tax savings, as job creators share the wealth with their employees.
The Tax Cuts and Jobs Act changed several important aspects of the U.S. tax code for both businesses and individuals. The corporate tax rate was reduced from 35% to 21%, while small businesses can take a 20% deduction and see the remainder of their income charged at individual rates.
According to the Omaha World-Herald,
“This year, small businesses are feeling a newfound confidence thanks to the tax reform bill Congress passed… This year, there is a sense of optimism for American businesses of all sizes.”
As I reflect on the tax impact for small businesses, I am reminded of one REIT that is certain to benefit from the “newfound confidence” and today I will take a closer look at PS Business Parks (PSB).