Trump pitches permanent equipment write-offs to spur small-business hiring

Trump pitches permanent equipment write-offs to spur small-business hiring

Trump the plan would make full equipment deductions permanent and expand investment incentives, a change supporters say could push companies to buy machinery and add workers.

Richard Miniter
First Published: July 17, 2026, 7:45 AM ET

Donald Trump has floated a federal tax overhaul built around permanent equipment deductions and fresh investment incentives for small businesses.