A bill to amend the Internal Revenue Code of 1954 to provide an equitable tax structure for small and independent companies, and for other purposes.
Small Business Reduction and Stimulation Act - Amends the Internal Revenue Code to provide graduated income tax rates for corporations with a maximum rate of 46 percent on income in excess of $150,000 and a minimum rate of 15 percent on income not in excess of $25,000.
Introduced in Senate
Referred to Senate Committee on Finance.
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