In addition, 58 percent felt that lower taxes would not stimulate hiring for their businesses. The full July 2011 results showed the following:

If your cash flow were increased due to lower taxes, would you consider hiring more staff?

Yes - 41.6%

No - 58.4%

Do you plan on expanding your business or hiring in the next 12 months?

Yes - 39.6%

No - 60.4%

Do you view the Federally mandated health care act helpful or harmful to your business?

Helpful - 38.9%

Harmful - 61.1%

Should tax increases be part of the Federal Governments plan to reduce the deficit?

Yes - 35.7%

No - 64.3%

Barry Sloane, President and CEO of The Small Business Authority commented, "Small independent business owners that we interviewed clearly favor smaller government and lower taxes. It was clear that business owners believe deficit reduction should be achieved through less spending by the government. Business owners also believe that the federally mandated health care act will be harmful to their business and even prefer the current system which clearly has its limitations.

When you expand American sentiment to a recent poll done by CNN, which includes consumers as well as business owners, it is clear that 66% of Americans prefer a balanced budget amendment and spending caps. Both houses of Congress in the current Reed proposal and current Boehner proposal at the moment have abandoned tax increases. It does appear that simplification of our tax code and removing tax favors and subsidies for our reduced corporate rate is well thought of by most."