While taxes are the top priority, business owners also support continued reductions in regulations. Most like the steps the administration has taken so far to cut regulations and would prefer to see even more progress.
"I think what we're seeing is a redefinition of what's possible in Washington," said Mike Ryan, CFA®, Chief Investment Officer Americas, UBS Wealth Management, in an interview on Fox Business.
Investing in infrastructure is another top priority for business owners. The vast majority believe it would benefit the economy, and four in five support the concept of spending $1 trillion on infrastructure.
Nearly half of business owners expect the Trump administration to have a positive impact on their business, compared to only a quarter who believe it will have a negative impact. However, sentiment has slipped since April, when over half expected a positive impact and only about one in six expected a negative impact.
For the full survey results, download the latest UBS Investor Watch Pulse survey .
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