Relief and Equity for Small businesses through Tax Act or the REST Act This bill increases from 20% to 25% the rate of the tax deduction for the business income of taxpayers whose taxable income does not exceed $100,000.
Referred to the House Committee on Ways and Means.
Taxation
REST Act
USA117th CongressHR-3725| House
| Updated: 6/4/2021
Relief and Equity for Small businesses through Tax Act or the REST Act This bill increases from 20% to 25% the rate of the tax deduction for the business income of taxpayers whose taxable income does not exceed $100,000.