Amends the Internal Revenue Code to establish a maximum small business tax rate for individuals, partnerships, S corporations, or other pass-through entities with average gross receipts of not more than $5 million for a three-year tax period.
Read twice and referred to the Committee on Finance.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR H2498)
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