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H.R. 9, The Small Business Tax Cut Act
- This item is from the 112th Congress (2011-2012) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Version saved on March 24, 2012, 20:37:23, by webmaster:
H.R. 9 would amend the Internal Revenue Code of 1986 to provide a deduction for domestic business income of qualified small businesses.
Detailed Summary
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Status of the Legislation
Latest Major Action: 3/21/2012: Referred to House committee. Status: Referred to the House Committee on Ways and Means.
Points in Favor
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Points Against
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Saves: $ per
and increases their $ share of the national debt by $.
(source: News Reports)
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Visitor Comments
J. Guidry
April 16, 2012, 10:55am (report abuse)The word "qualified" in this bill leads me to believe almost no one will fit the definition. Trust is low for just about anything this administration or Congress does these days.
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