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Office of the Law Revision Counsel. Congressional Research Service. Library of Congress Home. Republican.Senate.Gov. Full article is available here. The United States is long overdue for a major tax reform bill. After eight years of economic weakness, we need a tax code that works for workers and job creators, not against them. Our c... Full article is available here. The United States is long overdue for a major tax reform bill. After eight years of economic weakness, we need a tax code that works for workers and job creators, not against them. Our current tax code is strangling business growth, job creation, and higher wages. The most important tax-related measures we can take to boost economic growth are lowering business tax rates and allowing businesses to recover their investments faster.

The INVEST Act would allow new businesses to deduct a substantial part, if not all, of their startup costs within the first year. Finally, the INVEST Act would substantially reform the depreciation and other expensing rules. U.S. Energy Information Administration (EIA) US Government Printing Office - FDsys - Home. Senate Democrats | Official news and legislative information from Democrats in the U.S. Senate. THOMAS (Library of Congress)