arrow_back Civic Audit
Share share

Permanent tax relief for businesses: supporting investment and manufacturing.

This act introduces permanent changes to tax rules that can help businesses deduct costs related to equipment and development investments. This means companies may have more funds for growth, potentially leading to new jobs and better product availability for citizens.
Key points
Businesses will be able to permanently deduct depreciation costs, lowering their income tax.
The change aims to encourage greater investment in manufacturing and development, potentially boosting economic growth.
article Official text account_balance Process page notifications_active Track this Bill
Status: Introduced
Civic Will
Checking votes...
I support
I oppose
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 119_S_559
Sponsor: Sen. Capito, Shelley Moore [R-WV]
Process start date: 2025-02-13