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CNBCApr 22, 2026Local News

House Republican proposes small-business tax cut to pair with GOP federal budget package

Rep. Kustoff introduced a bill to increase the noncorporate small-business tax deduction to 23% to support family farms and businesses.

House Republican proposes small-business tax cut to pair with GOP federal budget package
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tl;dr

Rep. David Kustoff (R-TN) has introduced legislation to increase the small-business tax deduction to 23%, aiming to attach the measure to a GOP budget reconciliation package currently focused on Homeland Security funding.

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David KustoffR-Tennessee-8
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