Small business owners are leveraging landmark tax legislation passed in 2025 to buy equipment, hire workers, and expand operations, according to testimony delivered to the U.S. House Small Business Committee by Traci Tapani, co-president of Wyoming Machine and incoming chair of the U.S. Chamber’s Small Business Council.
Why it matters: Permanent, pro-growth policies like 100% bonus depreciation and the 20% qualified business income deduction remove the uncertainty that kept small firms on the sidelines. Owners are converting savings into trucks, laser welders, new facilities, and employee benefits like paid maternity leave and 401(k) matching.
What they said: "When business owners can trust the rules won't change at the end of the year, we can put real plans in place like upgrading equipment, increasing productivity, and taking on new work with confidence," Tapani told lawmakers.

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