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Economic Impact of Section 199A Deduction by Buse is a document available to read on EtoBox.

What is Economic Impact of Section 199A Deduction about?

The Section 199A deduction supports significant economic activity in the U.S., estimated to facilitate 2.6 million jobs, $161 billion in employee compensation, and $325 billion in GDP in 2024. This deduction benefits pass-through businesses, directly supporting 1.1 million workers, while also generating related employment in supplier industries and consumer spending. The deduction is set to expire at the end of 2025, having been enacted as part of the Tax Cut and Jobs Act in 2017.

Author

Buse

Language

EN