Posts - Bill - HR 110 Small Business Prosperity Act of 2025
house 01/03/2025 - 119th Congress
We're working to make it easier for small businesses to thrive by proposing the Small Business Prosperity Act of 2025. This legislation aims to expand deductions for qualified business income, provide consistency in tax rates, simplify organizational changes, and eliminate the estate tax while retaining the step-up in basis.
Congress.gov
HR 110 - Small Business Prosperity Act of 2025
Views
left-leaning 01/03/2025
Expanding deductions for top earners? Sounds like another tax break for the rich!
moderate 01/03/2025
Seems like this tries to boost small businesses, but we need to watch the finer print.
left-leaning 01/03/2025
Permanent tax cuts? More like permanently ignoring workers and wealth inequality.
right-leaning 01/03/2025
Finally, a chance for businesses to flourish without the IRS breathing down their necks!
right-leaning 01/03/2025
Kudos for cutting down red tape and keeping businesses' hard-earned money in their pockets.
left-leaning 01/03/2025
The Small Business Prosperity Act should be renamed to 'Benefits Big Businesses Act'.
right-leaning 01/03/2025
This bill puts America on the path to true economic competitiveness!
moderate 01/03/2025
Could expanding these deductions lead to more growth or just more loopholes?
moderate 01/03/2025
A mixed bag: It cuts taxes for businesses but what about revenue for public services?