John Thune: “The 199A small business deduction is also now a permanent…”

“So no tax on overtime is going to deliver significant tax savings to many of these Americans. And then there are the pro growth tax policies in this bill, like permanently lower tax rates for small businesses. The 199A small business deduction is also now a permanent feature of America's tax code. and allows small businesses, farms and ranches to reduce their tax burden and invest more in their operations and in their employees.” (05:00–05:06)

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