The National Federation of Independent Business reports that making the small business section 199A deduction permanent would result in the creation of an additional 1.2 million jobs annually, with that number climbing as the law goes on. And The Tax foundation reports that long run GDP would increase by a substantial 1.1%. That means more jobs and more opportunities for American workers. It also means an increase in federal revenues, but an increase in federal revenues the right way by growing and expanding the economy, not raising taxes. (01:47–01:54)
CLAIM
Asserts that the Tax Foundation reports a 1.1% GDP increase in the long run.
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