The Federal Tax Code: Small Business Provisions and Latinos

Fact Sheet

The “Tax Cuts and Jobs Act,” the latest tax bill from congressional Republicans, would result in a massive tax cut for the richest Americans and big corporations, while providing little, if any, tax relief to working- and middle-income families.

However, the tax plan would do almost nothing for small businesses. Instead of helping these economic engines thrive, the Republican tax proposal would heavily benefit businesses like private equity firms, hedge funds, and real estate developers.


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