It takes the small business tax deduction permanent, makes it permanent and so businesses can keep more of what they earn and have the certainty they need to plan for the future. The law also makes it easier for small business to deduct the cost of new equipment, technology or other tools right away. instead of spreading that deduction out over years. For small businesses, that kind of certainty matters. It makes owners make a decision about expanding operations, purchasing equipment, hiring new workers, and do it with confidence. (26:15–26:28)
CLAIM
Asserts that the law allows small businesses to deduct costs of new equipment immediately.
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