Tax Reform

Latest Tax Reform News

On November 16, the U.S. House of Representatives passed the Tax Cuts and Jobs Act. “Today, the House took a big step toward tax cuts that will help America’s small businesses grow and create jobs,” said NFIB President Juanita Duggan in a statement. The bill reduces the tax rate on the smallest pass-through businesses to 9 percent over five years, without industry exclusions or restrictions. NFIB previously informed Congress that this is a Key Vote. Read our Key Vote letter to Congress here >>

On the same day, the Senate Finance Committee passed its tax reform bill, which NFIB supports. “We urge the full Senate to pass the bill as soon as possible, and we are looking forward to working with congressional leaders on a final bill that the President can sign before the end of the year,” said Duggan in a statement

TAKE ACTION: Tell your Senators to support tax reform that benefits small business >>

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Read the current House bill and a section-by-section summary.

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tax reform must start with small business.

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