Tax Cuts Work.
Thank you Republicans for expanding and making the tax cuts permanent
Expanded and permanent tax cuts are now law thanks to Congressional Republicans and President Trump.
Republicans’ Big Beautiful Bill prevents $4.5 trillion in tax increases — the biggest in American history — from taking effect at year’s end. It locks in the doubled standard deduction, lower tax brackets, and the 20% Main Street tax deduction used by 26 million American small businesses for the long term.
Every Democrat in Congress voted against this bill and to raise taxes on small businesses and ordinary Americans at year-end.
The BBB provides even more relief for America’s economic backbone:
- It restores and makes permanent 100% immediate expensing for capital investments.
- It restores and makes permanent 100% immediate expensing for research and development.
- It expands small business interest deductions and access to credit.
According to JCN polling, 70% of small businesses will expand, hire, raise wages, and reinvest in their communities due to Republicans’ tax cuts. The law ensures the next generation of inventions come from labs and garages — in the best of the American tradition — and not just from Silicon Valley corporations. These provisions will help millions more entrepreneurs start and grow.
The BBB also provides more relief for workers:
- It exempts tip and overtime income from taxes, rewarding hard work in service and manufacturing.
- It expands the standard deduction and child tax credit, helping families contend with the higher cost of living due to Bidenflation.
- It creates a new seniors deduction, helping seniors maintain their living standards.
- It allows families to write off car interest payments, helping them upgrade to safer vehicles.
Democrats and their media allies falsely claim these are “tax cuts for billionaires.” But Americans are too smart to fall for these lies.
These tax cuts will dramatically boost economic growth, employment, and wages. These dynamic effects will boost tax revenues — just as they did after the Tax Cuts and Jobs Act was passed at the end of 2017. (America’s terrible fiscal situation is 100% due to Democratic overspending. Federal spending has ballooned from $4.5 trillion in 2019 to $7 trillion in 2024.)
The law preserves Medicaid for those who need it. It requires minimal welfare work requirements for healthy adults, something supported by the overwhelming majority of Americans. This provision will help small businesses find workers and help Americans lead self-sufficient lives.
Far from cutting Medicaid, the bill slightly slows its explosive growth in the years to come
The Big Beautiful Bill provides meaningful and lasting tax cuts for small businesses and families, ushering in America’s next economic Golden Age.
