Rep. Schmidt Backs Legislation to Support Small Businesses
January 29, 2025
January 29, 2025
WASHINGTON, Jan. 29 -- Rep. Derek Schmidt, R-Kansas, issued the following news release on Jan. 28, 2025:
Today, Congressman Derek Schmidt (KS-02) announced that he has cosponsored H.R. 703, the Main Street Tax Certainty Act. This legislation would support small businesses by extending a tax provision that allows them to deduct up to 20% of qualified income. Without Congressional action, this provision will expire at the end of the year.
As of 2023, Kansas was home to 25 . . .
Today, Congressman Derek Schmidt (KS-02) announced that he has cosponsored H.R. 703, the Main Street Tax Certainty Act. This legislation would support small businesses by extending a tax provision that allows them to deduct up to 20% of qualified income. Without Congressional action, this provision will expire at the end of the year.
As of 2023, Kansas was home to 25 . . .