A bill to provide a program of tax adjustment for small business and for persons engaged in small business.

Authorizes a tax adjustment program for small businesses and for persons engaged in small business. Authorizes a tax deduction under the Internal Revenue Code of 1954 for a person engaged in a trade or business in an amount measured by the additional investment in such trade or business for the taxable year. Limits such tax deductions to $40,000 or 20 percent of the net income of such trade or business for the taxable year.