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Mike Johnson (R-LA)
Mike Johnson
Republican·Louisiana

Working Families, Business Owners, and Their Employees All Benefit from Republicans’ Working Families Tax Cuts

WASHINGTON — Throughout this tax season, industry groups and advocacy organizations across the spectrum have highlighted in their own words what the Republicans’ Working Families Tax Cuts means for working families, small and large business owners, children, workers, and seniors. These groups and organizations represent millions of American workers and businesses and have played an essential role in both educating tax filers and highlighting the many transformational benefits Republicans’ Working Families Tax Cuts offer. According to the U.S. Treasury Department , over 53 million Americans have claimed at least one of Republicans’ tax cuts, including: over 6 million who have claimed No Tax on Tips with an average deduction of over $7,100; over 25 million who have claimed No Tax on Overtime with an average deduction of over $3,100; over 30 million seniors who have claimed the Enhanced Deduction for Seniors with an average deduction of over $7,500; over 5 million Trump accounts have been opened; and over 34 million families who have claimed the enhanced Child Tax Credit . And as a reminder, every single Congressional Democrat voted against these historic tax cuts. If Democrats had it their way, American families would have experienced one of the biggest tax hikes in American history . Tax Relief for Working Families: National Association of Realtors: This Tax Season: Unpacking How OBBBA Benefits Agents and Homeowners Affordable Housing Tax Credit Coalition: “ Low-Income Housing Tax Credit expansion in the One Big Beautiful Bill Act of 2025 could mean 1.2 million new affordable homes over the next 10 years .” CURE: Working Families Tax Cuts Set to Bring Historic Tax Refund Season CURE: “ On this tax day, American taxpayers are seeing historic refunds. More money in taxpayers' pockets means more freedom for hardworking Americans .” National Association of Realtors: This tax day, homeowners are seeing the benefits of smart policy Affordable Housing Tax Credit Coalition: Working Families Tax Cuts “will provide affordable homes to hundreds of families was only possible because the 50 percent bond test was lowered to 25 percent.” The Libre Initiative: Thanks to POTUS, Latinos Are Keeping More of Their Money on Tax Day Center for a Free Economy: Working Families Tax Cuts Expand Education Choice Heritage Foundation: Why Americans Are Getting Larger Refunds This Tax Season National Association of Home Builders: How NAHB Members Can Bring Real-World Perspective to Housing Policy Center for Free Economy: The “Working Families Tax Cuts” Gives HSAs a Major Upgrade U.S. Travel Association: Tax Refund Surge Could Add $5 Billion to U.S. Travel Spending in 2026 GoBankingRates: Most Americans Expect Lower Tax Refunds in 2026 — but Here's Why Many Will Get More Associated Builders and Contractors: ABC Member Touts Tax Legislation's Major Benefits to Construction Industry America First Policy Institute: Working Families Tax Cuts Tax Calculator Tax Filing Made Easy: National Taxpayers Union: Individual Income Tax Compliance Burdens Ease for the New Filing Season Center for a Free Economy: Working Families Tax Cuts Deliver Broad Relief in First Filing Season RILA: As Americans File Their Taxes, a Reminder: Pro-Growth Tax Policy Matters Center for a Free Economy: Working Families Tax Cuts Deliver Broad Relief in First Filing Season American Coalition for Taxpayer Rights: Helping taxpayers navigate tax season Trump Accounts: Charter Communications and Comcast are among the 50 major employers signed up to add Trump Account contributions to their employee benefit packages. Visa : “Visa will be working with our financial institution partners to enable a new capacity that will offer card holders to direct credit card rewards in to Trump accounts.” SBE Council: Trump Accounts and Small Business: Jumpstarting the American Dream CashApp: Start investing in your child’s future with a Trump account H&R Block: Hosted Rep. Fong to discuss how Trump Accounts for newborns will benefit California families LifeHealth: Trump Accounts And The Next Frontier Of Holistic Financial Planning Americans for Tax Reform: List of 50 Companies and Foundations Providing Contributions to Trump Accounts for Kids Finseca launched the National Financial Literacy Month Toolkit featuring “Trump Accounts ” No Tax on Tips: UBER: Speaker Johnson Highlights ‘No Tax on Tips’ with Uber Driver Bob Mitchell UBER: Díaz-Balart Highlights 'No Tax on Tips' at Uber Drivers Roundtable DoorDash: President Trump Highlights ‘No Tax On Tips’ with DoorDash Driver Sharon Simmons National Restaurant Association: No Tax on Tips – Tipped Restaurant Worker Tax Savings by State No Tax on Tips: Tipped Server Tax Savings by Congressional District What No Tax on Overtime Means for Restaurant Workers A Step-by-Step Guide for Restaurant Operators to Maximize New Tax Benefits Restaurant Economic Impact by State Independent Women’s Forum: Women Benefit From No Tax On Tips No Tax on Overtime: National Association of Manufacturers CEO on Fox Business: Praise for the No Tax on Overtime provision of H.R. 1 Center for a Free Economy: Working Families Tax Cuts Protect Overtime Pay for 4.8 Million Veterans Childcare Relief for Working Families: Christian Employers Alliance: Strong Businesses Depend on Strong Families Charlotte Lozier Institute: Strengthening the Pro-Life Safety Net: Childcare for Pregnant and Parenting Women in Need SBA Pro-Life America: The Working Families Tax Cuts Act, also known as H.R.1, included significant pro-family wins – ultimately building a culture of life for our nation! Let’s take a look at some of them. CFE: The “Working Families Tax Cuts” give Health Savings Accounts a major upgrade Concerned Women for America: The Child Tax Credit is a blessing to working families First Five Years Fund MEMO: How Child Care Tax Credits Help Working Families Tax Relief for America’s Small Businesses: SBE Council: Local Small Businesses, Local Economies are Growing Thanks to the “Working Families Tax Cuts Act” National Marine Manufacturers Association: Grady-White Showcases Small Business and Manufacturer Tax Benefits as Catalyst for Investment During Congressional Visit Associated Builders and Contractors: Allowing ABC Members to Build America National Association of Wholesaler-Distributors: The Working Families Tax Cut Provides Tax Relief for Small Businesses in the Wholesale Distribution Industry Center for a Free Economy: Tax Cuts Fuel Small Business Growth Citizens Against Government Waste: Small Businesses Are Prospering from Tax Cuts Business Roundtable: The Working Families Tax Cut is delivering for the U.S. economy and will help fuel U.S. investment, innovation and economic growth for years to come. BRT Advertisement: “Real wages are rising faster, businesses are accelerating investments at home, and more economic growth and American jobs are on the way.” BRT: America’s Competitive Tax System Delivers Job Creators Network, Americans For Prosperity, and Americans for Tax Reform host Rep. Tom Barrett in Michigan American Council of Engineering Companies: How the Working Families Tax Cuts Are Strengthening American Businesses How the Working Families Tax Cuts Are Strengthening Communities and America's Engineering Industry National Association of Manufacturers: New machines. Stronger Workforce. Real momentum. At Ketchie Machine Shop, H.R. 1 is helping small manufacturers invest and compete. The Working Families Tax Cuts are enabling small manufacturers to purchase new equipment and invest in their workforce . Americans for Prosperity/Job Creators Network/Americans for Tax Reform: Conservative Activist Groups Launch Swing District Tour to Promote ‘Working Families Tax Cut’ National Electrical Contractors Association: The Working Families Tax Cuts are helping businesses grow and invest in their workforce. NFIB: The small-business deduction is a big win for Main Street Seaman Corporation: Highlighting how immediate R&D expensing allows businesses to investing in people, operations ITI: Highlighting the importance of pro-growth tax policies that accelerate U.S. global tech leadership International Foodservice Distributors Association: “ The savings "directly impacted our ability to make capital investments and continue to increase wages and offset employee costs for healthcare and benefits." Steel Manufacturers Association: “The benefits from the Working Family Tax Cuts are essential to the hardworking Americans in our industry” National Retail Federation/RATE Coalition: The Working Families Tax Cuts are delivering for small businesses with tipped employees Tax Relief for Seniors: TurboTax: What’s in it for Seniors Intuit: Tax Counseling for Seniors and the Elderly American Association of Retired Persons: 7 Big Changes for the 2026 Tax Season Association for Mature American Citizens: One Big Beautiful Bill Brings Back Common Sense for Retirees Like Me / Senior Social Security Tax Relief 2026: What Retirees Must Know About the New Deduction AFPI: “ 51 MILLION seniors now pay ZERO TAX on Social Security. That’s real relief, putting money back where it belongs: in the pockets of Americans .” Tax Relief for Rural America: Family Business Coalition: 200 Groups Support Death Tax Relief Center for a Free Economy: Working Families Tax Cuts Protect Family Farms and Businesses From the Death Tax National Cotton Council: Gary Martin, a California cotton grower, says increasing the Pima cotton loan rate to $1 per pound provides much-needed stability for Western producers . National Cattlemen’s Beef Association: From Relief to Reinvestment: How the One Big Beautiful Bill Strengthens Family Cattle Operations Association for Mature American Citizens: AMAC Family Businesses and Farms Win Big Thanks to the Working Families Tax American Petroleum Institute: “ We commend the inclusion of pro-growth policies in the Working Families Tax Cuts Act and thank Congress and the Administration for enacting this critical legislation. Stable, competitive tax policy plays an essential role in supporting jobs, investment, and energy security .” American Sugar Alliance: WFTC working towards a stronger and more prosperous rural America Forest Landowners Association: Death tax relief is huge for landowners International Fresh Produce Association: The Working Families Tax Cut Act delivers meaningful tax relief for agriculture No Tax on Auto Loans for Cars Made in America: SBE Council: Deduction for Interest on New Car Loans Means Tax Savings Now America First Policy Institute: Start your engines, America. Car buyers will pay no tax on car loan interest for new vehicles made in the USA Independent Women’s Forum: Thanks to the Working Families Tax Cuts, you can deduct up to $10K on new U.S.-assembled vehicles. ###

Source: https://mikejohnson.house.gov/news/documentsingle.aspx?DocumentID=2874
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Record ID: 1e7908b2-02c2-49f3-b228-4518c6012efe

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