A resolution to express the sense of the Senate relating to taxation of the small businesses of the Nation.

Expresses the sense of the Senate that: (1) any tax reform legislation should reduce income taxes on small businesses; (2) any reduction in corporate tax rates should apply to each income tax bracket; (3) the phaseout of graduated corporate tax rates should not occur at an income level below that established by current law; and (4) the maximum corporate tax rate should not apply to a level of income below that established by current law.