100 is not a large number of employees anymore. if you own two restaurants you may have 100 employees. we know all our employees 5 to 8 people in each salon and know their names and families and the stresses and struggles they ve got. to add this on and with all the fear and uncertainty in the workplace is unconscionable. we ll lose employees. we re 70 employees down from where we need to be. it s a struggle to get back into the workforce now and it will add one more layer. harris: do you feel like this administration is on your side as a business? i don t think they are on the small business side. i think they are on someone else s side. harris: jerry, thank you for being on the program and breaking it down. you talk about all the things that you have provided for your employees. this layering is tricky. thank you again, the best.
That we haven t had a full year of where tax have come down for american businesses. what we have had, we have seen american optimism go up on small business side. they are starting to hire a lot more. that s why you are seeing jobless claims down. that s why you are starting to see new order indexes go up. so you are seeing that companies are reinvesting in themselves as well as their people. pete: to me, that s the most important. here are all-time highs hit in the market, right? so from the dow, i think the s&p 500 we are hitting new marks. yeah. pete: which is an indicator. what i care about more than anything else is opportunity, wages, confidence, you are saying those things are moving it s not just your 401(k) it s your prospects as an employee. indicators are forward looking indicators. the stock market is actually forward-looking. someone is not going to buy a stock if they don t think it s going to group compared to the alternatives. we know interest rates are going up.
Coming into today, that s a pretty tall task. can you pick your fate metaphor, for how hard this must be for mitch mcconnell. he has to satisfy a couple blocks of people. first you mentioned the budget hawks, bob kirker and jeff flake. they were upset to see this trigger provision would out last night. they are trying to build something else into this bill to address some of those deficit concerns a. lot of their colleagues in the senate don t like that and the house really doesn t like that susan collins is somebody still sitting out there. she wants an amendment to this bill to change how it deals with state and local stacks deductions. we know she is willing to vote on public priorities. we ve seen it before. you got the ron johnson, steve danes folks, who want the small business side this morning. steve danes came out and says he wants to see if that gets ron johnson on board. if you lose two, you can lose corker and flake and pass this it s an ugly look for republicans to lose the two most
Personal taxes if that is the right way to say that, they are getting a raw deal here, explain the difference between the corporate tax rate and what small businesses are going through. i support reducing the corporate tax rate to 20%. this is important to make sure american businesses are competitive. for americans to win creates more job to raise wages so this tax plan will put more dollars through lower taxes but increase wages through the economy by making american business more competitive. explain what you have done with the small business tax rate, how you made that better for small businesses. on the small business side, they pay the top individual rate at 39%.
That doesn t contribute to growth. maria: that s $650 billion. they could take that money and give relief to everybody across-the-board but particularly in the upper income levels that actually create jobs , create growth. you could see some concessions to ron johnson on the small business side but let s remember too, the nfib, which represents small businesses, is for this tax plan, so when ron johnson says he wants carve outs it s not just for the small businesses. you have companies like cargill also passthroughs 150,000 employees and $2 billion in net earnings. maria: and that s pass through. mary: that s a pass through so there are things that can be done so i think you can pick off guys like ron johnson, susan collins might be more difficult but you know we ll see. they have to get this done. they re going to pay next year. maria: they don t have a lot of wiggle room. ed: you have to get it down to two or three as opposed to seven. maria: let me switch gears look at the alabama senate race obviously the calls for roy