What percentage of today's economy is made up of small businesses?

Answer 1

Public discussion of the shortcomings of our employer-based health insurance system often focuses on the low rate at which small businesses offer insurance to their employees. It is well known that most of the uninsured are workers or their dependents, and that small businesses are much less likely to offer coverage than large businesses (Hoffman and Wang 2003; Kaiser Family Foundation 2003). An observer viewing our debates about insurance coverage might well think that the fact that many small businesses do not offer coverage is a large part of the reason that so many hard-working Americans are uninsured. For example, in his acceptance speech at the Republican National Convention in 2004, President Bush stated, "More than half of the uninsured are small-business employees and their families." (1) And there is bipartisan concern about insurance coverage in small businesses: in the 2004 presidential campaign, Senator John Kerry proposed providing a refundable tax credit of up to 50 percent of the cost of care to small businesses and their employees. (2) More recently, democrats in the House of Representatives have proposed a 50 percent tax credit to help small businesses purchase health insurance. (3)hope i helped u

Answer 2

39 percent of the GNP comes from small businesses in the United States. There are over 21.5 million small businesses in the US.

Answer 3

88%