Miller and Ways and Means Republicans Provide Tax Cuts and Relief for American Families

Washington, D.C. – Last week, after an 18-hour markup session, the Ways and Means Committee voted to build upon the 2017 Trump tax cuts, averting a 22 percent tax hike on American families. The Republican-led bill will deliver meaningful tax relief for average working families, including an additional $1,300 tax cut, increasing annual take-home pay by $4,000 to $5,000, and raising annual real wages by roughly $3,000. This One, Big, Beautiful Bill keeps President Trump’s promises of no tax on tips, no tax on overtime pay, no tax on auto loan interest, and tax relief for seniors.

This bill will also bolster small businesses throughout the country by increasing the 199A small business deduction to 23 percent and making the deduction permanent, provide relief to gig workers by ending the $600 1099-K reporting threshold imposed by Democrats, and encourages domestic manufacturing by allowing 100% expensing for new factories and improvements to existing factories. The legislation also ensures taxpayer benefits are going to legal American citizens by requiring a Social Security number for individuals claiming tax credits and deductions.

“Ways and Means Committee Republicans are committed to ensuring that American families are once again put at the forefront of our country’s economic policies, rather than foreign governments and illegal immigrants. By passing this tax package through our committee, we are one step closer to securing President Trump’s promises and ushering in a golden age of American manufacturing and economic success. I call on my colleagues in the House of Representatives to pass this bill so that we can continue to work toward getting it to President Trump’s desk,” said Congresswoman Miller.

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