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· Absolute Shockers · ECONOMY

Small Business Statistics: Only 23 Percent Pay Any Wages At All

We spotted this today:

"New research by the Treasury Department finds that small businesses — defined as those with income between $10,000 and $10 million, or about 99 percent of all businesses — account for just 17 percent of business income, and only 23 percent of them pay any wages at all."

Those are surprising stats, by any measure.

Statistics Source: Reuters

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