Bring American Companies Home Act

This bill would let U.S. people and businesses deduct the costs of moving their inventory, equipment, and supplies from China to the United States when they file their taxes. The bill would create a special trust fund using money collected from tariffs on Chinese-made goods. Money from this trust fund would be moved to the general Treasury fund to make up for the tax revenue lost from these deductions, with transfers happening at least once a month.

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