"All Americans will benefit from this pro-growth, pro-American bill," says Rep.
Brian Fitzpatrick, a Republican from Bucks County, Pa., who voted in favor of the GOP tax bill passed by the House of Representatives on Wednesday.
"The expanded child tax credit will help more than 500,000 children in Pennsylvania.
This bill also boosts innovation, allowing the US to be more competitive with China while also helping our small businesses thrive."
Among other things, the bill expands the child tax credit and eliminates the penalty for families with multiple children.
It also boosts the amount small businesses can write off immediately to $1.29 million, an increase above 2017's $1 million cap, reports Patch.com.
It ends the COVID-era Employee Retention Tax Program and boosts the Low-Income Housing Tax Credit, which will increase the supply of low-income housing.
The bill also boosts the amount small businesses can write off immediately to $1.29 million, an increase above 2017's $1 million cap.
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Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.