Trump Signs Landmark Bill for Small Business Owners
Trump Secures Small Business, On Independence Day 2025, President Trump gave small business owners a reason to celebrate. He signed the One Big Beautiful Bill Act into law, making the 20% Small Business Tax Deduction permanent.
The bill stops a massive tax increase that was scheduled to hit small businesses at the end of the year. It ensures long-term relief and reinforces the entrepreneurial backbone of America.
33 Million Small Businesses Secure Tax Relief
Small businesses across the U.S. can now rest easy. With this bill, over 33 million entrepreneurs avoid a tax hike and can reinvest confidently.
The NFIB praised the move, calling it a historic moment. Small businesses can now grow, hire, and innovate without fear of changing tax rules.
Equipment Expensing Cap Doubled to $2.5 Million
Under the new law, Section 179’s expensing limit has been doubled. Businesses can deduct up to $2.5 million of equipment costs in the first year.
This tax incentive allows faster scaling, better technology adoption, and increased productivity—all critical for competitiveness.
Marginal Rate Cuts Made Permanent
The bill ensures that marginal income tax cuts introduced in 2017 remain in place. These rates were set to expire, which would’ve raised taxes on nine out of ten small businesses.
Now, these businesses can plan for the future with stable, predictable rates. It’s a relief many had fought hard to secure.
Estate Tax Exemption Raised and Locked In
Another major win is the increased and permanent Estate Tax Exemption. With new limits of $15 million for individuals and $30 million for joint filers, more family businesses can stay in the family.
This encourages long-term planning and protects generational wealth. It’s a strong pro-growth policy.
Small Business Community Celebrates
“President Trump has delivered for Main Street,” said NFIB’s Brad Close. “He’s given small businesses the certainty they’ve been demanding.”
Thanks to strong leadership and advocacy, small businesses are positioned for a new era of expansion and success.
Final Thoughts: Main Street is Back in Business
The One Big Beautiful Bill Act is a milestone in tax policy. It equips small businesses with the tools, certainty, and resources needed to thrive.
America’s entrepreneurs now have a fighting chance to build, expand, and create jobs without crippling tax concerns. This is how you unleash economic power—from the ground up.
For more latest news checkout our website: latestglobalinsight
