S. 2387 · 117th Congress

Small Business Tax Fairness Act

Stage
In committee
Sponsor
Ron Wyden
Introduced
2021-07-20
Latest action
2021-07-20 · Introduced in Senate

Summary

Small Business Tax Fairness Act

This bill revises the tax deduction for qualified business income to limit eligibility for such deduction to individual taxpayers. It also modifies rules for calculating the amount of such deduction and limitations on it.