This week
marks the one year anniversary of President Trump and Republicans’ Working
Families Tax Cuts being signed into law, providing real relief for American
families after four years of failed Biden-era policies.
Millions of
Americans have benefitted from the Working Families Tax Cuts Since President
Trump signed them into law, but every
single Democrat voted against this:
- Millions of Americans received
historic tax refunds this tax season with the average refund exceeding
$3,400 — an 11% increase from last year.
- American families and workers claimed $82
billion in direct tax relief, with 97% of filers receiving a tax cut.
- More than 29 million workers claimed the
No Tax on Overtime deduction with an average deduction of over $3,100.
- More than 35 million seniors
have claimed
No Tax on Social Security with an average deduction of over
$7,500.
- Nearly 8 million workers claimed
No Tax on Tips with an average deduction of over $7,000.
- Over 1.4 million filers have claimed
No Tax on Made-in-America Car Loan Interest with an average
deduction of over $1,800.
- Nearly 40 million families claimed the
enhanced Child Tax Credit.
- Over 6 million Trump Accounts
have been opened,
with 1.4 million eligible for the $1,000 pilot program contribution.
- More than 127 million taxpayers
benefited from
the permanently doubled standard deduction.
Despite
Democrats fighting these historic tax cuts every step of the way, President
Trump and Republicans fought — and won — to put hardworking Americans first.
