Pappas Pushes to Lower Small Business Taxes
April 20, 2023
April 20, 2023
WASHINGTON, April 20 -- Rep. Chris Pappas, D-New Hampshire, issued the following news release:
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Pappas is working to restore tax policy changed under 2017's Tax Cuts and Jobs Act (TCJA), which no longer allows small businesses investing in research and experimentation to deduct those expenses immediately. This has increased costs for entrepreneurs and disincentivizes vital research and development.
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This week, Congressman Chris Pappas . . .
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Pappas is working to restore tax policy changed under 2017's Tax Cuts and Jobs Act (TCJA), which no longer allows small businesses investing in research and experimentation to deduct those expenses immediately. This has increased costs for entrepreneurs and disincentivizes vital research and development.
* * *
This week, Congressman Chris Pappas . . .