are you guys really gonna act like the tax cut did nothing to spur hiring? cutting some costs and regulations does nothing to spur hiring? that's just embarrassingWhat exactly was that something?

President Donald J. Trump is Giving Small Businesses a Boost | The White House
- Under the House tax reform bill, businesses organized as sole proprietors, S corporations, or partnerships would have their top marginal tax rate capped at 25 percent for qualified business income.
- This would be the lowest top marginal tax rate in more than 80 years.
- Over 99 percent of American businesses are incorporated as one of these “pass-through” firms and currently face a top Federal marginal tax rate of 39.6 percent.
- Under the House bill, small businesses that file a joint return would have their first $75,000 of income taxed at a low rate of 9 percent.
- Under the Senate bill, businesses organized as sole proprietors, S corporations, and partnerships would be able to deduct 17.4 percent of their qualified business income with some restrictions on high-income households.
- For the next five years, American businesses will be able to immediately write off the full cost of their heavy equipment and other capital investments.