House Republican Introduces Small-Business Tax Cut Proposal for Potential Inclusion in GOP Budget Package
Rep. David Kustoff (R-Tenn.) introduced a bill to increase the qualified business income deduction from 20% to 23% for small-business owners, aiming to include it in an upcoming Republican federal spending package. The proposal is part of broader GOP efforts to fund the Department of Homeland Security and may include tax and other priorities in current or future legislative packages.
Topics: House Ways and Means Committee legislation small business tax reform