HR. 3275In Committee
Small Business Tax Relief Act
Reduce taxes for certain small businesses while raising taxes on carried interest and stock buybacks
Plain-English overview
What this bill does
Reduce taxes for certain small businesses while raising taxes on carried interest and stock buybacks
Key points
- Modify carried interest taxation
- Reduce small business corporate tax rate
- Increase self employment tax deduction
- Increase stock buyback excise tax
Current status
Where it stands
Status
In Committee
Latest action
2025-05-08 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation