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Congress Passes Tax Bill to Boost Tech Hiring

8/16/2025

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Story summary
  • Congress approved President Trump's bill ahead of the July 4 deadline.
  • The bill reinstates a tax deduction to promote domestic hiring in tech startups.
  • Finta, based in San Francisco, aims to hire five U.S. employees by year-end.
  • Experts expect increased domestic hiring as a result of the new tax incentives.