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H.R. 9, The Small Business Tax Cut Act (1 comment ↓ | 8 wiki edits: view article ↓)

  • This item is from the 112th Congress (2011-2012) and is no longer current.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.

H.R. 9 would amend the Internal Revenue Code of 1986 to provide a deduction for domestic business income of qualified small businesses.

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Saves: $440.52 per
and increases their $162,301.27 share of the national debt by $440.52.
(source: News Reports)

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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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