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CNBCApr 22, 2026Local News

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

The article references the 2017 tax overhaul under the Trump administration as the origin of the current deduction.

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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