WASHINGTON, Dec. 16 -- Sen. Jon Ossoff issued the following press release:
U.S. Senator Jon Ossoff is introducing a bipartisan bill to cut taxes for Georgia's small businesses.
Sens. Ossoff and Cindy Hyde-Smith (R-MS) recently introduced the bipartisan Support Small Business Growth Act of 2025 to cut income taxes for qualifying small businesses with up to 15 employees.
The bipartisan bill would create a new tax deduction for qualifying small businesses with fewer than 15 employees based on a percentage of wages paid to employees during the year.
"Small businesses are the backbone of our economy," Sen. Ossoff said. "Our bipartisan bill will cut taxes for small businesses and make it easier for them to compete, grow, and create jobs in ou...