FACT SHEET: The Build Back Better Agenda Will Provide Greater Tax Fairness for Small Businesses | The White House
Treasury analysis shows that the Build Back Better agenda will:
- give 3.9 million entrepreneurs a tax cut
- protect 97% of small-business owners from income tax rate increases
- level the playing field for small-business owners by reforming the tax code
Since day one in office, President Biden has focused on providing America’s small businesses with the tools and resources they need to reopen, rehire, and rebuild. To date, the Biden-Harris Administration has delivered more than $300 billion in relief to Main Street and is on track to fully forgiv...