Small Businesses Will Boost GDP By $150 Billion Annually From Extension of Trump Tax Cuts
March 19, 2025
March 19, 2025
WASHINGTON, March 19 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, issued the following news release on March 18, 2025:
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Small Businesses Will Boost GDP By $150 Billion Annually From Extension of Trump Tax Cuts
WASHINGTON, D.C. - Over the next 10 years, small businesses will increase GDP by $75 billion each year because of the 20 percent small business deduction, and then rise to $150 billion every year after, accordi . . .
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Small Businesses Will Boost GDP By $150 Billion Annually From Extension of Trump Tax Cuts
WASHINGTON, D.C. - Over the next 10 years, small businesses will increase GDP by $75 billion each year because of the 20 percent small business deduction, and then rise to $150 billion every year after, accordi . . .