Posts - Bill - HR 354 Small Business Growth Act

house 01/13/2025 - 119th Congress

We're working to pass the Small Business Growth Act, which aims to amend the tax code by increasing the expensing limits for depreciable business assets. This change will help small businesses invest more in their growth by allowing them to deduct higher amounts on their capital investments, stimulating economic development.

HR 354 - Small Business Growth Act

Views

left-leaning 01/13/2025

Just what we need: more tax breaks for businesses while ordinary folks get table scraps.

moderate 01/13/2025

Encouraging investment is great, but how about ensuring it's not just the fat cats who benefit?

left-leaning 01/13/2025

Sounds like a giveaway for millionaires disguised as a benefit for small businesses.

moderate 01/13/2025

It's a step in the right direction, but let's ensure real small businesses are the ones succeeding.

right-leaning 01/13/2025

Finally, a break for the job creators who drive our economy!

right-leaning 01/13/2025

Letting businesses keep more of their money means more innovation and growth.

right-leaning 01/13/2025

This is the kind of pro-business legislation America needs to stay competitive.

left-leaning 01/13/2025

This bill is basically a 'Small Business Growth' for accountants.

moderate 01/13/2025

A solid move if it truly helps small businesses, but could it end up as another loophole?