
By the end of the year or soon after, this will impact the actions of many norms of the law, which means the reduction of the tax burden for American families and companies, especially for small businesses. Within the framework of the efforts of the U.S. Congress to promote legislative initiatives, unavoidable will arise trade-political debates related to what exactly will reduce the weight in the narrow Republican majority. Among the issues that are considered 'urgent', it is worth noting the law on reducing taxes and creating jobs from 2017. There are two especially important points for small companies: expenses on research and development, and also the tax rate on corporate income.
Mario Lopez on the 2017 tax law in the first instance stated about the rights of the Democratic Party and referred to research and development and the corporate income tax.