Reported 1 day ago
The One Big Beautiful Bill, championed by President Trump, is nearing the final stages of debate in Congress, proposing to extend crucial tax cuts and financial incentives for manufacturers. Key provisions include a permanent 20% pass-through deduction, tax rate stability, and support for research and development expenses, which are seen as vital for continued investment in the manufacturing sector. With backing from over 300 manufacturing businesses, the bill aims to bolster the industry despite pushback on cuts to social programs.
Source: YAHOO