House Republican proposes small-business tax cut to pair with GOP federal budget package
Maria Sandu
Rep. David Kustoff, a Republican member of the House committee that writes tax policy, introduced a bill Tuesday to lower taxes on small businesses in a bid to add tax policy to the GOP Homeland Security funding effort . The Tennessee lawmaker first shared the bill with CNBC. It would increase the qualified business income deduction for noncorporate business owners to 23%, up from the 20% that was adopted as part of President Donald Trump 's 2017 overhaul of the U.S. tax code. "This bill is
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